off-the-wire

Philippines fully awards $453 mln T-bond offer at auction

Kitco Media
By Reuters
Published:
Updated:
Reuters
MANILA, Feb 28 (Reuters) - Following are the results of the Philippine Bureau of the Treasury's (BTr) auction for 2029 T-bond re-issue on Tuesday:
* BTr fully awards 25 billion pesos ($452.98 million) offer


* Average yield 6.172%
* Tenders total 58.6 billion pesos
* Bonds originally issued in 2022
* Details on the BTr's website


($1 = 55.19 Philippine pesos)
(Reporting by Enrico Dela Cruz)

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