Philippines raises USD 527 mln via 2027 T-bond re-issue

MANILA, Nov 8 (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 30.64 billion pesos (USD 526.82 million) vs 35 billion pesos offer

* Avg yield 7.131%

* Tenders total 41.6 billion pesos

* Bonds were originally issued in 2007

(Reporting by Enrico Dela Cruz)