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Philippines fully awards $271-million T-bill offer at auction
August 1, 2022
By Reuters
By Reuters
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)
This article originally appeared on reuters.com