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Rates & Bonds 1 MIN READ

Philippines sells $635 million of reissued 2026 T-bond

July 5, 2022By Reuters
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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)

This article originally appeared on reuters.com

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