Philippines raises $260 mln from T-bond auction

October 15, 2024 - 4:06 PM
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1000 cash
This undated file photo shows one thousand peso bills. (The STAR/Walter Bollozos/File Photo)

— Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of 2031 T-bonds on Tuesday:

* BTr fully awards 15 billion Philippine pesos ($260 million) offer at an average rate of 5.690%

* Tenders total 40.88 billion pesos

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

($1 = 57.71 Philippine pesos)

— Reporting by Neil Jerome Morales