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Economy
1 MIN READ
PH raises USD 454M from 2032 T-bond re-issue
April 12, 2023
By Reuters
By Reuters
MANILA, April 12 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction for 2032 T-bond re-issue on Wednesday:
* BTr fully awards PHP 25 billion (USD 454.4 million) offer
* Average yield 6.142%
* Tenders total PHP 44.492 billion]
* Bonds originally issued in September 2022
* Details on the BTr’s website
(USD 1 = PHP 55.0200)
(Reporting by Enrico Dela Cruz; Editing by Jacqueline Wong)
This article originally appeared on reuters.com