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Economy
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PH fully awards USD 271M T-bill offer as yields drop
May 15, 2023
By Reuters
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