Philippines awards $489 million worth of 2031 T-bond at auction

Following are the results of the Philippine Bureau of the Treasury's (BTr) auction of 2031 T-bonds on Tuesday:

• BTr fully awards 30 billion pesos ($489 million) of 2031 T-bonds at average rate of 6.869%

• Tenders total 72.84 billion pesos

• Details on the BTr's website www.treasury.gov.ph

($1 = 61.3730 Philippine pesos)