MANILA: Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

Philippines awards $342mn T-bill offer

• BTr fully awards 15 billion pesos ($258.31 million)

• Tenders total 56.5 billion pesos

• BTr awards 5 billion pesos of 91-day T-bills at avg rate of 5.774% versus previous auction avg of 5.630%

• BTr awards 5 billion pesos of 182-day T-bills at avg rate of 5.922% versus previous auction avg of 5.905%

• BTr awards 5 billion pesos of 364-day T-bills at avg rate of 5.968% versus previous auction avg of 5.937%