Philippines sells $635 million of reissued 2026 T-bond

MANILA, July 5 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2026 T-bond on Tuesday:

* BTr fully awards 35 billion pesos ($635.55 million) offer

* Tenders total 56.236 billion pesos

* Average yield 5.908%

* Bonds were originally issued in February, 2019

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

($1 = 55.0700 Philippine pesos)

(Reporting by Karen Lema)