Markets

Philippines rejects all bids in $487 million T-bond offer

  • Philippines' Bureau of the Treasury rejected all bids for its offer of 30 billion pesos
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MANILA: The Philippines’ Bureau of the Treasury rejected all bids for its offer of 30 billion pesos ($487 million) worth of reissued 2033 T-bonds at an auction on Tuesday.

  • Tenders total 18.057 billion pesos. ‑Reuters