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Rates & Bonds
1 MIN READ
Philippines raises $629 million from 2035 T-bond re-issue
July 26, 2022
By Reuters
By Reuters
MANILA, July 26 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2035 T-bonds on Tuesday:
* BTr fully awards 35 billion pesos (USD 628.59 million) offer
* Tenders total 93.998 billion pesos
* Average yield at 6.894%
* Bonds were originally issued in December, 2010
* Details on the BTr’s website www.treasury.gov.ph
(USD 1 = 55.68 Philippine pesos)
(Reporting by Enrico Dela Cruz; Editing by Ed Davies)
This article originally appeared on reuters.com