By Angela McDaniels
Tacoma, Wash., April 26 - The Republic of the Philippines auctioned PHP 9 billion of 6½% treasury bonds due April 28, 2021 on Tuesday, according to a government notice.
The bonds sold at par. The average coupon submitted was 6.445%.
The total demand for the bonds was PHP 32.35 billion. No non-competitive bids were received.
The bonds will settle on Thursday.
| Issuer: | Republic of the Philippines
|
| Issue: | Treasury bonds
|
| Amount: | PHP 9 billion
|
| Maturity: | April 28, 2021
|
| Coupon: | 6½%
|
| Price: | Par
|
| Auction date: | April 26
|
| Settlement date: | April 28
|
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