MANILA  -The Bureau of the Treasury (BTr) raised an initial $611.2 million from the auction of the second-tranche US-dollar denominated retail Treasury bonds (RTB), which is more than three times the minimum target amount of $200 million that was announced on Monday. A coupon rate of 5.75 percent was set for the 5.5-year debt paper dubbed 'Retail Dollar Bond 2' or RBD2. It will be issued this coming Oct. 11 and mature on April 11, 2029. BTr officer in charge Sharon Almanza said during the launching program that the second outing for the RDB follows the issuance last February of the 29th tranche of peso-denominated RTB.

https://business.inquirer.net/423416/investors-snap-up-retail-dollar-bonds-btr-raises-611-2m

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