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Economy 1 MIN READ

PH fully awards USD 271M T-bill offer as yields drop

May 15, 2023

By Reuters

MANILA, May 15 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr fully awards PH P15 billion (USD 271.39 million) offer

* BTr awards PHP 5 billion of 91-day T-bills at 5.874% avg yield vs previous rate of 5.891%

* BTr awards PHP 5 billion of 182-day T-bills at 5.991% avg yield vs previous rate of 6.109%

* BTr awards PHP 5 billion of 364-day T-bills at 6.028% avg yield vs previous rate of 6.211%

* Details are on the BTr’s website.

(Reporting by Enrico Dela Cruz)

This article originally appeared on reuters.com

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