Philippines accepts bids of 5 bln pesos for 91-day t-bills

MANILA, April 25 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr fully awards offer of 15 billion pesos ($285.8 million) worth of T-bills against total tenders of 37.6 billion pesos

* BTr awards 5 billion pesos of 91-day T-bill at avg rate of 1.14% versus previous avg of 1.223%

* BTr awards 5 billion pesos of 182-day T-bill at avg rate of 1.558% versus previous avg of 1.568%

* BTr awards 5 billion pesos of 364-day T-bill at avg rate of 1.901% versus previous avg of 1.877%

* Details are on the BTr’s website www.treasury.gov.ph

(Reporting by Neil Jerome Morales
Editing by Ed Davies)

((neiljerome.morales@thomsonreuters.com; +632 8841 8914;))