THE government on Tuesday made a full award of reissued 25-year Treasury bonds up for auction.
"With a remaining term of 11 years and 11 months, the reissued Treasury bonds fetched an average rate of 7.189 percent, lower than the original coupon rate of 9.250 percent set in November 2009 and the 8.168 percent average when it was reissued last November," the Bureau of the Treasury (BTr) said in a statement.
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