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

• BTr fully awards 20 billion pesos ($342.11 million)

• Tenders total 59.4 billion pesos

• BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.605% versus previous auction avg of 5.605%

• BTr awards 6.5 billion pesos of 182-day T-bills at avg rate of 5.752% versus previous auction avg of 5.735%

• 5.790% versus previous auction avg of 5.786%