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Prospect News home > News index > List of issuers P > Headlines for Philippines Bureau of the Treasury > News item
Published on 2/6/2018 in the Prospect News Emerging Markets Daily.

Philippines accepts no bids for PHP 20 billion of seven-year bonds

By Tali Rackner

Minneapolis, Feb. 6 – The Philippines Bureau of the Treasury accepted no bids during the auction of its seven-year bonds held on Tuesday, according to a notice.

Of the total offering of PHP 20 billion, bids were received for PHP 25.8 billion, all of which were rejected.

The bonds are scheduled to mature on Feb. 8, 2025.


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