Philippines awards $810mn T-bill offer

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

BTr fully awards 50 billion pesos ($810.1 million) Tenders total 134.5 billion pesos.

BTr awards 20 billion pesos of 91-day T-bills at avg rate of 5.059% versus previous auction avg of 5.104%.

BTr awards 20 billion pesos of 182-day T-bills at avg rate of 5.671% versus previous auction avg of 5.685%.

BTr awards 10 billion pesos of 364-day T-bills at avg rate of 5.950% versus previous auction avg of 5.966%.