Philippines raises $254mn from reissued T-bond auction

MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2029 T-bonds...
26 Nov, 2024

MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of reissued 2029 T-bonds on Tuesday:

Philippines raises $513mn from T-bonds auction

  • BTr fully awards 15 billion pesos ($254.37 million) offer at an average rate of 5.954%

  • Tenders total 55.8 billion pesos

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