MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
Philippines’ First Gen awards LNG tender for May delivery to China’s CNOOC
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BTr fully awards 15 billion pesos ($264.27 million)
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Tenders total 39.831 billion pesos ($701.74 million)
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BTr awards 5 billion pesos of 91-day T-bills at avg rate of 5.870% versus previous auction avg of 5.772%
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BTr awards 5 billion pesos of 182-day T-bills at avg rate of 5.973% versus previous auction avg of 5.885%
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BTr awards 5 billion pesos of 364-day T-bills at avg rate of 6.044% versus previous auction avg of 5.983%
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