New Issue: Philippines prices PHP 25 billion more 2 1/8% bonds due 2018

By Susanna Moon

Chicago, July 21 – The Philippines accepted bids for PHP 25 billion of 2 1/8% treasury bonds due 2018 in a reissue, according to a government notice.

The average price is 97.402, which resulted in an average yield of 3.089%.

Issuer:	Republic of the Philippines
Issue:	Treasury bonds
Amount:	PHP 25 billion
Maturity:	May 23, 2018
Coupon:	2 1/8%
Average price:	97.402
Average yield:	3.089%
Original issue date:	May 23, 2013
Auction date:	July 21
Settlement date:	July 23

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