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Rates & Bonds 1 MIN READ

Philippines raises USD 611 mln via 2034 T-bond re-issue

November 15, 2022

By Reuters

MANILA, Nov 15 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2034 T-bonds on Tuesday:

* BTr fully awards 35 billion pesos (USD 610.50 million) offer

* Average yield 8.168%

* Tenders total 80.953 billion pesos

* Bonds were originally issued in 2009

(USD 1 = 57.3300 Philippine pesos)

(Reporting by Enrico Dela Cruz)

This article originally appeared on reuters.com

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