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Prospect News home > News index > List of issuers P > Headlines for Philippines > News item
Published on 3/27/2012 in the Prospect News Emerging Markets Daily.

Philippines rejects all offers in latest auction of treasury bonds

By Angela McDaniels

Tacoma, Wash., March 27 - The Republic of the Philippines did not accept any offers in its auction of Treasury bonds on Tuesday, according to a government notice.

The republic offered PHP 9 billion of bonds due March 29, 2019.

Investors submitted competitive bids for PHP 12.16 billion of bonds and no non-competitive bids. All of the bids were rejected.


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