Philippines raises $460 mln from 2042 T-bond re-issue

MANILA, March 21 (Reuters) - Following are the results of the Philippine Bureau of the Treasury's (BTr) auction for 2042 T-bond re-issue on Tuesday:
* BTr fully awards 25 billion pesos ($459.90 million) offer
* Average yield 6.631%
* Tenders total 34.412 billion pesos
* Bonds originally issued in November 2022
* Details on the BTr's website

($1 = 54.36 Philippine pesos)
(Reporting by Enrico Dela Cruz Editing by Ed Davies)

Reuters

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Philippines raises $460 mln from 2042 T-bond re-issue

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