Philippines raises $404 million from T-bond offer
MANILA: Following are results of the Philippine Bureau of the Treasury’s auction of T-bonds on Tuesday: Partially awards 25.38 billion pesos ($404.33 million), below 35 billion pesos offer, of which: Awards 15.42 billion pesos offer of reissued 2030 T-bonds at an average rate of 7.678%. Awards 9.96 billion pesos offer of reissued 2050 T-bonds at an average rate of 8.002%. Tenders total 40.97…
We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.
