Philippines raises $513 million from T-bonds auction

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 of reissued 2034 T-bonds on Tuesday:

* BTr fully awards 30 billion pesos ($513 million) offer at an average rate of 6.212%

* Tenders total 95.6 billion pesos

* Details on the BTr’s website www.treasury.gov.ph

($1 = 58.46 Philippine pesos)

—Reporting by Neil Jerome Morales and Mikhail Flores; Editing by John Mair

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