MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
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BTr awards 13.896 billion pesos ($265.5 million) worth of T-bills, less than its 15 billion pesos offer and against total tenders of 25.914 billion pesos.
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BTr awards 4.866 billion pesos of 91-day T-bill at avg rate of 1.536% versus March 14 auction avg of 1.305%.
Philippines rejects all bids at T-bill auction as banks seek higher yields
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BTr fully awards 5 billion pesos offer of 182-day T-bill at avg rate of 1.607% versus March 14 auction avg of 1.458%.
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BTr awards 4.03 billion pesos of 364-day T-bill at avg rate of 1.792% versus March 14 auction avg of 1.734%.
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