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 ($342.11 million)
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Tenders total 59.4 billion pesos
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BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.605% versus previous auction avg of 5.605%
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BTr awards 6.5 billion pesos of 182-day T-bills at avg rate of 5.752% versus previous auction avg of 5.735%
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5.790% versus previous auction avg of 5.786%
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