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Economy
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Philippines’ three-year T-bond fetches coupon rate of 4.25%
April 5, 2022
By Reuters
By Reuters
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)
This article originally appeared on reuters.com