Rates & Bonds 1 MIN READ

Philippines raises $629 million from 2035 T-bond re-issue

July 26, 2022By 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

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