Manila, Feb. 18 -- The Bureau of the Treasury (BTr) fully awarded on Tuesday the reissued 10-year Treasury bond (T-bond).

With a remaining term of eight years and 11 months, the T-bond fetched an average yield of 6.118 percent, lower than 6.251 percent when it was last reissued in January this year.

"The 10-year 10-year Treasury bond average auction yield at 6.119 percent is slightly lower versus the comparable 10-year PHP BVAL (Bloomberg Valuation Service) yield at 6.13 percent as of Feb. 17, 2025 after the comparable 10-year US Treasury yield eased to two-month lows at 4.52 percent," said Rizal Commercial Banking Corporation chief economist Michael Ricafort.

"The 10-year Treasury bond average auction yield also eased after Bangko Sen...