Philippines awards nearly $200 million worth of T-bills at auction

MANILA, Dec 13 (Reuters) – Following are the results of the Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr made full award of 10 billion Philippine pesos ($198.93 million) worth of T-bills at auction

* BTr awarded its 2 billion pesos offer of 91-day T-bills at an average rate of 1.125%

* BTr awarded 3 billion pesos worth of 182-day T-bills at an average rate of 1.428%

* BTr awarded 5 billion pesos worth of 364-day T-bills at an average rate of 1.649%

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

($1 = 50.2700 Philippine pesos)

(Reporting by Karen Lema; Editing by Martin Petty)

((karen.lema@thomsonreuters.com; +632 841-8938;))