off-the-wire

Philippines raises $452 mln via 2029 T-bond re-issue

Kitco Media
By Reuters
Published:
Updated:
Reuters
MANILA, May 3 (Reuters) - Following are the results of the Philippine Bureau of the Treasury's (BTr) auction for 2029 T-bond re-issue on Wednesday:
* BTr fully awards 25 billion pesos ($451.92 million) offer
* Average yield 5.925%
* Tenders total 61.793 billion pesos
* Bonds originally issued in January 2019
* Details on the BTr's website


($1 = 55.32 Philippine pesos)
(Reporting by Enrico Dela Cruz)

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