MANILA — Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
*BTr fully awards 20 billion pesos ($353 million)
* Tenders total 38.49 billion pesos
* BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.414% versus previous auction avg of 5.196%
* BTr awards 6.5 billion pesos of 183-day T-bills at avg rate of 5.474% versus previous auction avg of 5.005%
* BTr awards 7 billion pesos of 364-day T-bills at avg rate of 5.540% vs previous auction avg of 5.487%
* Details are on the BTr’s website www.treasury.gov.ph
($1 = 56.68 Philippine pesos)
—Reporting by Neil Jerome Morales; Editing by Tom Hogue