MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
Philippines fully awards $353mn T-bill offer
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BTr fully awards 20 billion pesos ($348.5 million)
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Tenders total 51.7 bln pesos
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BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.444% versus previous auction avg of 5.414%
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BTr awards 6.5 billion pesos of 182-day T-bills at avg rate of 5.668% versus previous auction avg of 5.474%
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BTr awards 7 billion pesos of 364-day T-bills at avg rate of 5.623% vs previous auction avg of 5.540%
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