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Philippines awards $438mn 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 fully awards 25 billion pesos ($438 million) * Tenders total 113.75 billion pesos

  • BTr awards 8 billion pesos of 91-day T-bills at avg rate of 5.234% versus previous auction avg of 5.287%

  • BTr awards 8 billion pesos of 182-day T-bills at avg rate of 5.435% versus previous auction avg of 5.506%

  • BTr awards 9 billion pesos of 364-day T-bills at avg rate of 5.564% versus previous auction avg of 5.612%

Philippine Bureau of the Treasury

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