Published on 11/8/2011 in the Prospect News Emerging Markets Daily.
New Issue: Philippines prices PHP 9 billion 5% treasury bonds due 2018 with 5.019% average yield
By Jennifer Chiou
New York, Nov. 8 - The Republic of the Philippines issued PHP 9 billion of 5% treasury bonds due Aug. 18, 2018 in an auction on Tuesday, according to a government notice.
The average price was 99.884, and the average yield was 5.019%.
Demand for the bonds totaled PHP 17.16 billion, PHP 350 million of which was a non-competitive bid.
Issuer: | Republic of the Philippines
|
Issue: | Treasury bonds
|
Amount: | PHP 9 billion
|
Maturity: | Aug. 18, 2018
|
Coupon: | 5%
|
Average price: | 99.884
|
Average yield: | 5.019%
|
Auction date: | Nov. 8
|
Settlement date: | Nov. 18
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.