BTr fully awards 25-year T-bond on strong demand - TrueID

BTr fully awards 25-year T-bond on strong demand

Philippine News AgencyAugust 17, 2021

National Treasurer Rosalia de Leon

MANILA – Government securities continued to attract investors as shown by the strong demand for the 25-year Treasury bond (T-bond) on Monday.

The Bureau of the Treasury (BTr) offered the debt paper for PHP35 billion, and bids reached PHP55.949 billion.

The auction committee made a full award.

The average rate of the paper slipped to 4.986 percent from 5.084 percent previously.

In a Viber message to journalists, National Treasurer Rosalia de Leon said there was “healthy demand (and) good rates in today’s auction.”

“Seeing appetite for long tenors for better yields,” she said.

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