Philippines rejects all bids for 2029 T-bond offer

MANILA, March 8 (Reuters) – The Philippines’ Bureau of the Treasury rejected all bids for its offer of 35 billion pesos ($671 million) of 7-year T-bonds at an auction on Tuesday.

* Tenders total 36.31 billion pesos.

* Details on the BTr’s website www.treasury.gov.ph

($1 = 52.1700 Philippine pesos)

(Reporting by Karen Lema; Editing by Martin Petty)

((karen.lema@thomsonreuters.com; +632 841-8938;))