Philippines fully awards 2032 T-bond offer at 6.243% yield

June 28, 2023 - 11:37 AM
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The Bureau of Treasury building in Manila, in 2014 file photo. BUSINESSWORLD

 Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction on Tuesday for re-issued T-bonds maturing in 2032:

* BTr fully awards 25 billion pesos ($449.72 million) offer

* Average yield 6.243%

* Tenders total 48.730 billion pesos

* Bonds originally issued in September 2022

* Details on the BTr’s website

($1 = 55.59 Philippine pesos)

—Reporting by Enrico Dela Cruz