By Richard Connell
New York, Nov. 9 - The Philippines Bureau of the Treasury announced that it sold a PHP 8 billion add-on to its 6 1/8% bonds due Sept. 16, 2020 at an average yield of 5.919%.
For the PHP 8 billion offering, competitive bids were tendered for PHP 14.14 billion and accepted for 8 billion.
The bonds were sold at an average price of 101.511.
Yields ranged from 5.725% to 5.995%, with an average yield of 5.919%.
| Issuer: | Philippines Bureau of the Treasury
|
| Issue: | Treasury bonds
|
| Amount: | PHP 8 billion
|
| Maturity: | Sept. 16, 2020
|
| Coupon: | 6 1/8%
|
| Price: | 101.511 (average)
|
| Yield: | 5.919% (average)
|
| Auction date: | Nov. 9
|
| Settlement date: | Nov. 11
|
© 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.
