Published on 2/19/2013 in the Prospect News Emerging Markets Daily.
New Issue: Philippines sells PHP 25 billion more 4% 10-year treasury bonds
By Marisa Wong
Madison, Wis., Feb. 19 - The Philippines issued PHP 25 billion of 4% 10-year treasury bonds in a reopening on Tuesday, according to a government notice.
The average price was 104.873, and the average yield was 3.41%.
Demand for the bonds totaled PHP 97.49 billion, of which PHP 4.66 billion was non-competitive.
Issuer: | The Philippines
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Issue: | Treasury bonds
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Amount: | PHP 25 billion
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Maturity: | Dec. 6, 2022
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Coupon: | 4%
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Average price: | 104.873
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Average yield: | 3.41%
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Original issue date: | Dec. 6, 2012
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Auction date: | Feb. 19
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Settlement date: | Feb. 21
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