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Rates & Bonds 1 MIN READ

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

November 8, 2022By Reuters
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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

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