MANILA, April 19 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2028 T-bonds on Tuesday:
* BTr fully awards 35 billion pesos ($667.68 million) worth of T-bonds against total tenders of 47.336 billion pesos
* Average yield at 5.779%, up from previous avg rate of 5.601%
* The bonds were first issued in August 2021
* Details on the BTr’s website www.treasury.gov.ph
($1 = 52.42 Philippine pesos)
(Reporting by Enrico Dela Cruz
Editing by Ed Davies)
This article originally appeared on reuters.com