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.
The BTr re-offered the same tenor over the tap facility window for PHP7 billion. (PNA)
