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Philippines raises USD 407 million via re-issued 2027 T-bond
November 29, 2022
By Reuters
By Reuters
MANILA, Nov 29 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2027 T-bonds on Tuesday:
* BTr awards 22.969 billion pesos (USD 406.46 million) vs 35 billion pesos offer
* Average yield 6.568%
* Tenders total 65.514 billion pesos
* Bonds were originally issued in 2007
* Details on the BTr’s website
(USD 1 = 56.51 Philippine pesos)
(Reporting by Enrico Dela Cruz)
This article originally appeared on reuters.com