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MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
Philippines awards $379mn T-bill offer
BTr fully awards 22 billion pesos ($380 million) * Tenders total 56.725 billion pesos
BTr awards 7 billion pesos of 91-day T-bills at avg rate of 5.318% versus previous auction avg of 5.128%
BTr awards 7 billion pesos of 182-day T-bills at avg rate of 5.662% versus previous auction avg of 5.562%
BTr awards 8 billion pesos of 364-day T-bills at avg rate of 5.780% versus previous auction avg of 5.726%