T-bonds fetch higher yield on Oct. 29 auction
The Auction Committee of the Bureau of the Treasury (BTr) fully awarded the PHP15-billion re-issued 10-year Treasury bonds (T-bonds) on Tuesday. The T-bonds were oversubscribed attracting PHP43.28 billion worth of tenders as the debt paper fetched higher yield. The average yield for the auction was at 5.87 percent, slightly higher than the 5.85 percent PHP…