PH raises USD 454M from 2032 T-bond re-issue

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)