Published on 11/19/2013 in the Prospect News Emerging Markets Daily.
New Issue: Philippines prices PHP 30 billion 3 7/8% bonds due 2019 to yield 2.997%
By Jennifer Chiou
New York, Nov. 19 - The Republic of the Philippines auctioned PHP 30 billion of 3 7/8% treasury bonds due 2019 in a reopening on Tuesday, according to a government notice.
The notes priced at an average of 104.791 for an average yield of 2.997%.
Bids were received for PHP 42.78 billion of bonds, PHP 1.3 billion of which was non-competitive.
| Issuer: | Republic of the Philippines
|
| Issue: | Treasury bonds
|
| Amount: | PHP 30 billion
|
| Maturity: | Nov. 22, 2019
|
| Coupon: | 3 7/8%
|
| Average price: | 104.791
|
| Average yield: | 2.997%
|
| Issue date: | Nov. 22, 2012
|
| Auction date: | Nov. 19
|
| Settlement date: | Nov. 21
|
© 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.
