By Susanna Moon
Chicago, Dec. 6 - The Republic of the Philippines issued PHP 9 billion of 7 5/8% treasury bonds due Sept. 29, 2036 in reopening on Tuesday, according to a government notice.
The average price was 111.675, and the average yield was 6.656%.
The original bonds were issued on Sept. 29.
Demand for the bonds totaled PHP 32.53 billion, PHP 1.55 billion of which was a non-competitive bid.
Issuer: | Republic of the Philippines
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Issue: | Treasury bonds
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Amount: | PHP 9 billion
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Maturity: | Sept. 29, 2036
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Coupon: | 7 5/8%
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Average price: | 111.675
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Average yield: | 6.656%
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Auction date: | Dec. 6
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Settlement date: | Dec. 8
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