Tuesday, 9 October 2012

Yahoo! Philippines News - Latest Philippines News & International News Headlines: Gov't sells P62.988B worth of 25-yr RTBs

Yahoo! Philippines News - Latest Philippines News & International News Headlines
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Gov't sells P62.988B worth of 25-yr RTBs
Oct 9th 2012, 16:10

MANILA, Philippines - The Philippines sold an initial P62.988 billion in 25-year retail treasury bonds (RTBs) at a coupon rate of 6.125 percent in a price-setting auction yesterday, marking the first time that the country has issued retail debt papers in this tenor.

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