Philippines raises $408 million from T-bond offer
MANILA: Following are the results of the Philippine Bureau of the Treasury ’s (BTr) auction of reissued 2030 and 2036 T-bonds on Tuesday: BTr awards 25.16 billion pesos ($408.17 million), below the 30 billion to 50 billion pesos programme, of which: BTr awards 20 billion pesos worth of 2030 T-bonds at an average rate of 6.988% BTr awards 5.16 billion pesos worth of 2036 T-bonds at an average rate…
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