Philippines raises $404 million from T — bond offer

MANILA, Oct 13 (Reuters) — Following are results of the Philippine Bureau of the Treasury's auction of T-bonds on Tuesday: Partially awards 25.38 billion pesos ($404.33 million), below 35 billion pesos offer, of which: Awards 15.42 billion pesos offer of reissued 2030 T-bonds at an average rate of 7.678% Awards 9.96 billion pesos offer of reissued 2050 T-bonds at an average rate of 8.002% Tenders total 40.97 billion pesos Details on the treasury bureau's website ($1 = 62.7710 Philippine pesos) (Reporting by Mikhail Flores; Editing by Martin Petty) ((mikhail.flores@thomsonreuters.com)