E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/28/2012 in the Prospect News Emerging Markets Daily.

New Issue: Philippines auctions PHP 9 billion 4¾% seven-year treasury bonds at 100

By Tali David

Minneapolis, Aug. 28 - The Republic of the Philippines issued PHP 9 billion of 4¾% treasury bonds due Aug. 30, 2019 in an opening on Tuesday, according to a government notice.

The average price was 100, and the average yield was 4.662%.

The original bonds were issued on Nov. 24, 2011.

Demand for the bonds totaled PHP 24.7 billion, none of which was non-competitive.

Issuer:Republic of the Philippines
Issue:Treasury bonds
Amount:PHP 9 billion
Maturity:Aug. 30, 2019
Coupon:4¾%
Average price:100
Average yield:4.662%
Auction date:Aug. 28
Settlement date:Aug. 30

© 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.