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Philippines awards $502mn in T-bills

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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 28.4 billion pesos ($501.57 million), above 25 billion pesos programme

  • Tenders total 87.5 billion pesos

  • BTr awards 7 billion pesos of 91-day T-bills at avg rate of 5.526% versus previous auction avg of 5.526%

  • BTr awards 11.9 billion pesos of 182-day T-bills at avg rate of 5.618% versus previous auction avg of 5.607%

  • BTr awards 9.5 billion pesos of 364-day T-bills at avg rate of 5.656% versus previous auction avg of 5.651%

Philippine Bureau of the Treasury

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