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Philippines awards $474mn T-bill offer

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By Reuters
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MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

  • BTr awards 26.7 billion pesos ($473.70 million), above 25 billion pesos programme

  • Tenders total 74.2 billion pesos

  • BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.459% versus previous auction avg of 5.451%

  • BTr awards 11.2 billion pesos of 182-day T-bills at avg rate of 5.523% versus previous auction avg of 5.524%

  • BTr awards 9 billion pesos of 364-day T-bills at avg rate of 5.657% versus previous auction avg of 5.656%

Philippine Bureau of the Treasury

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