Philippines fully awards $271-million T-bill offer at auction

MANILA, Aug 1 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr fully awards 15 billion pesos (USD 270.76 million) offer

* Tenders total 43.306 billion pesos

* BTr awards 5 billion pesos of 91-day T-bills at avg rate of 2.090% versus the previous auction avg of 2.273%

* BTr awards 5 billion pesos of 182-day T-bills at avg rate of 3.188% versus the previous auction avg of 3.143%

* BTr awards 5 billion pesos of 364-day T-bills at avg rate of 3.480% versus the previous auction avg of 3.356%

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

(USD 1 = 55.40 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Ed Davies)