Economy 1 MIN READ

Philippines rejects all bids for 2029 T-bond offer

March 8, 2022By 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

($1 = 52.1700 Philippine pesos)

(Reporting by Karen Lema; Editing by Martin Petty)

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