Latest Breaking News On - Ational treasurer rosalia de leon said while the coupon rate of debt paper rose compared to its july 2021 level - Page 1 : comparemela.com

MANILA - The Bureau of the Treasury (BTr) fully awarded a fresh issuance of PHP35 billion 10-year Treasury bond (T-bond) on Tuesday following the high demand for the debt paper amidst the uptick in its coupon rate. The coupon rate of the T-bond, which will be issued this January 20, is 4.875 percent higher than the 4 percent the same tenor fetched during an auction on July 21, 2021. The average rate of the debt paper stood at 4.831 percent, lower than the 4.8795 percent in the secondary market on Monday's trading. BTr's last award for the same tenor was on Nov. 9, 2021 and the paper fetched an average rate of 5.130 percent. Total tenders for the T-bond during the day are more than twice the offer volume at PHP72.24 billion. In a Viber message to journalists, National Treasurer Rosalia de Leon said while the coupon rate of the debt paper rose compared to its July 2021 level, its interest rate remained below the secondary market level. She cited the large volume of bids submitted

Benjamin dioknoBangko sentralBureau of the treasury btrNational treasurer rosalia de leonFederal reserveGovernor benjamin dioknoManila the bureau of treasury btr fully awardeda fresh issuance php35 billion 10 year bondt bond on tuesday following high demand for debt paper amidst uptick in its coupon rate thetHich will be issued this january 20S 4 875 percent higher than the same tenor fetched during an auction on july 21021 the average rate of debt paper stood at 4 831 percentOwer than the 4 8795 percent in secondary market on monday 39s trading btr last award for same tenor was nov 9021 and the paper fetched an average rate of 5 130 percent total tenders for thet bond during day are more than twice offer volume at php72 24 billion ina viber message to journalistsAtional treasurer rosalia de leon said while the coupon rate of debt paper rose compared to its july 2021 levelTs interest rate remained below the secondary market level she cited large volume of bids submitted during auction quot this defied fears fed federal reserve multiple increasesUot she saidEferring to expectations of hikes in the fed 39s policy rates as early march this year de leon said that original issuance same tenor july last