Philippines’ three-year T-bond fetches coupon rate of 4.25%

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

* BTr accepts bids of 25.791 billion pesos ($504.03 million) at 4.25% coupon rate

* Tenders total 53.578 billion pesos against BTr’s offer of 35 billion pesos

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

($1 = 51.17 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Kanupriya Kapoor)

((enrico.delacruz@tr.com))