The Bureau of the Treasury awarded in full the P30 billion worth of reissued 7-year bonds at the auction Tuesday.
The treasury bond, with a remaining term of 6 years and 10 months, was issued originally issued in January at a coupon of 6.125 percent. The full award brought the total outstanding volume of the bond series to P65 billion.
At the Tuesday auction, the bond was reissued bond at an average rate of 6.270 percent.
The auction attracted P50.1 billion in total tenders.
