Markets

Philippines raises $491mn from T-bond auction

  • Tenders total 93.8 billion pesos
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MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2031 T-bonds on Tuesday:

BTr fully awards 30 billion pesos ($491 million) offer at an average rate of 7.139%.

Tenders total 93.8 billion pesos.