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Philippines fully awards $670 mln T-bond offer at auction, yield up
May 24, 2022
By Reuters
By Reuters
MANILA, May 24 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of re-issued 2032 T-bonds on Tuesday:
* BTr fully awards offer of 35 billion pesos ($669.60 million) against total tenders of 72.853 billion pesos
* Average yield at 6.894% vs previous avg rate of 6.313%
* Details on the BTr’s website www.treasury.gov.ph
($1 = 52.27 Philippine pesos)
(Reporting by Enrico Dela Cruz)
This article originally appeared on reuters.com