THE government has generated an initial $866 million (about P43.23 billion) from the Wednesday opening of its first retail dollar bond (RDB) offering, according to the Bureau of the Treasury (BTr).
The BTr accepted $314.40 million of the total $330.40 million bids for the 10-year tranche, auction results showed. It also accepted $551.80 million for the five-year tranche, out of a total of $697.80 million offered.
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