By Sarah Lizee
Olympia, Wash., May 30 – The Philippines Bureau of the Treasury auctioned PHP 66 billion of 4 7/8% bonds due 2021 for an average yield of 4.797% on Wednesday, according to a notice.
Competitive bids were tendered for PHP 92,788,000,000 and accepted for PHP 66 billion.
The bonds were sold at par.
Yields ranged from 4½% to 4 7/8%.
| Issuer: | Philippines Bureau of the Treasury
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| Issue: | Treasury bonds
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| Amount: | PHP 66 billion
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| Maturity: | June 13, 2021
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| Coupon: | 4 7/8%
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| Average price: | Par
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| Average yield: | 4.797%
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| Auction date: | May 30
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| Settlement date: | June 13
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