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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 28.6 billion Philippine pesos ($512.58 million), above 25 billion Philippine pesos programme
Tenders total 98.3 billion pesos
BTr awards 8 billion pesos of 91-day T-bills at avg rate of 5.451% versus previous auction avg of 5.452%
BTr awards 8 billion pesos of 182-day T-bills at avg rate of 5.524% versus previous auction avg of 5.565%
BTr awards 12.6 billion pesos of 364-day T-bills at avg rate of 5.656% versus previous auction avg of 5.680%