• The Philippine Bureau of the Treasury in Manila said the average yield on its 7-year bond at auction was 6.094% with a coupon of 6.125%.
• Total sold 30B pesos($536.2M); total bids 107.1B pesos
  ** Accepted competitive tenders 30B pesos ($536.2M)
  ** Auction was oversubscribed; full award, 30B pesos offered
• Bonds newly issued Jan. 16, maturing Jan. 18, 2031
• Bid/cover ratio at 3.570, higher than 2.030 previously