Philippines fully awards $273 million T-bill offer at higher yields

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)