Economy
1 MIN READ
Philippines rejects all bids for 2029 T-bond offer
March 8, 2022
By Reuters
By Reuters
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;))
This article originally appeared on reuters.com