Philippines awards $642 million via 2032 T-bond re-issue

January 24, 2023 - 5:16 PM
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1000 cash
This undated file photo shows one hundred peso bills. (The STAR/Walter Bollozos/File Photo)

Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of 2032 T-bond re-issue on Tuesday:

* BTr fully awards 35 billion pesos ($641.92 million) offer

* Average yield 5.913%

* Tenders total 93.69 billion pesos

* Bonds originally issued in October 2022

* Details on the BTr’s website

($1 = 54.5240 Philippine pesos)

—Reporting by Neil Jerome Morales