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)
This article originally appeared on reuters.com