BTr raises P30B

- Advertisement -

The Bureau of the Treasury (BTr) said it raised P30 billion from the reissued 10-year Treasury bonds (Tbonds) due 2034.

The BTr said it fully awarded the Tbonds which attracted a total bid of P96.1 billion, hitting a 3.2x oversubscription.

With a remaining term of nine years and 10 months, the Tbonds fetched an average rate of 6.227 percent.

- Advertisement -

“With its decision, the committee raised the full program of P30.0 billion, bringing the total outstanding volume for the series to P65.0 billion,” the BTr said.

Author

- Advertisement -

Share post: