New Issue: Philippines sells PHP 100 billion 3¼% bonds due 2023

By Toni Weeks

San Luis Obispo, Calif., July 30 - The Republic of the Philippines auctioned PHP 100 billion of 3¼% 10-year treasury bonds on Tuesday, according to a government notice.

The securities priced at par.

Bids were received for PHP 271.79 billion of bonds.

Issuer:	Republic of the Philippines
Issue:	Treasury bonds
Amount:	PHP 100 billion
Maturity:	Aug 15, 2023
Coupon:	3¼%
Average price:	Par
Auction date:	July 30
Settlement date:	Aug. 15

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