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Rates & Bonds 1 MIN READ

Philippines sells USD 2.95 billion retail T-bonds at 6.125% coupon

February 7, 2023By Reuters
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MANILA, Feb 7 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction on Tuesday of 5.5-year retail T-bonds:

* BTr awards total of PHP 162.18 billion (USD 2.95 billion) at 6.125% coupon rate

* Tenders total PHP 196.109 billion versus BTr’s offer of PHP 30 billion

* Details on the Bureau of the Treasury (BTr) website

 

(USD 1 = 54.90 Philippine pesos)

 

 

(Reporting by Enrico Dela Cruz)

This article originally appeared on reuters.com

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