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Markets

Philippines raises $331 million from T-bond offer

  • Tenders total 28.42 billion pesos
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MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2033 T-bonds on Tuesday:

BTr partially awards 20.7 billion pesos ($331.37 million) offer at an average rate of 7.352%.

Tenders total 28.42 billion pesos.