Published on 4/23/2013 in the Prospect News Emerging Markets Daily.
New Issue: Philippines sells PHP 30 billion 1 5/8% bonds due 2016 to yield 1.453%
By Susanna Moon
Chicago, April 23 - The Republic of the Philippines auctioned PHP 30 billion of 1 5/8% three-year treasury bonds on Tuesday, according to a government notice.
The average yield was 1.453%.
Bids were received for PHP 76.45 billion of bonds.
| Issuer: | Republic of the Philippines
|
| Issue: | Treasury bonds
|
| Amount: | PHP 30 billion
|
| Maturity: | April 25, 2016
|
| Coupon: | 1 5/8%
|
| Average yield: | 1.453%
|
| Auction date: | April 23
|
| Settlement date: | April 25
|
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