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Philippines awards $293 mln T-bill offer; yields little changed

February 7, 2022By Reuters

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

* BTr fully awards 15 billion pesos ($293 million) offer against total tenders of 53.75 billion pesos

* BTr awards 5 billion pesos offer of 91-day T-bill at average rate of 0.710% versus last week’s 0.691%

* BTr awards 5 billion pesos offer of 182-day T-bill at average rate of 1.022% versus last week’s 1.023%

* BTr awards 5 billion pesos offer of 364-day T-bill at average rate of 1.408% versus last week’s 1.408%

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

$1 = 51.26 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Martin Petty)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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