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Philippines fully awards $292mn T-bill offer; 91-day yield falls

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

  • BTr fully awards its offer of 15 billion pesos ($291.69 million) worth of T-bills against total tenders of 54.6 billion pesos
  • BTr awards 5 billion pesos of 91-day T-bill at avg rate of 1.380% versus previous avg of 1.587%
  • BTr awards 5 billion pesos of 182-day T-bill at avg rate of 1.781% versus previous avg of 1.607%
  • BTr awards 5 billion pesos of 364-day T-bill at avg rate of 1.883% versus previous avg of 1.792%

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