Philippines’ Bureau of the Treasury has raised a total of P584.9 billion $10.45 billion through the thirtieth tranche of retail treasury bonds RTB 30, of which P212.72 billion was awarded at a rate-setting auction this month on February 13.
The offer period ran from February 13 to 23, and during the offer period, an additional P372.14 billion orders came in, of which P128.7 billion was raised in new money and P243.45 billion through the switch program, according to a treasury announcement. RTB 30 is set to settle on February 28, 2024, and will mature on February 28, 2029, five years after the issue date. The interest being...
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