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Philippines fully awards $273 million T-bill offer at higher yields
July 4, 2022
By Reuters
By Reuters
MANILA, July 4 (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 ($272.98 million) offer against total tenders of 32.759 billion pesos
* BTr awards 5 billion pesos of 91-day T-bills at avg rate of 1.908% versus previous auction avg of 1.855%
* BTr awards 5 billion pesos of 182-day T-bills at avg rate of 2.608% versus previous auction avg of 2.400%
* BTr awards 5 billion pesos of 364-day T-bills at avg rate of 2.811% versus previous auction avg of 2.630%
* Details are on the BTr’s website www.treasury.gov.ph.
($1 = 54.95 Philippine pesos)
(Reporting by Enrico Dela Cruz)
This article originally appeared on reuters.com