Published on 10/22/2013 in the Prospect News Emerging Markets Daily.
New Issue: Philippines sells PHP 20 billion 3 5/8% bonds due 2033 to yield 4.512%
By Susanna Moon
Chicago, Oct. 22 - The Republic of the Philippines auctioned PHP 20 billion of 3 5/8% treasury bonds in a reopening on Tuesday, according to a government notice.
The notes priced at an average of 88.608 for an average yield of 4.512%.
| Issuer: | Republic of the Philippines
|
| Issue: | Treasury bonds
|
| Amount: | PHP 20 billion
|
| Maturity: | March 21, 2033
|
| Coupon: | 3 5/8%
|
| Average price: | 88.608
|
| Average yield: | 4.512%
|
| Issue date: | March 21, 2013
|
| Auction date: | Oct. 22
|
| Settlement date: | Oct. 24
|
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