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Philippines fully awards $287 mln T-bill offer; 91-day yield drops
April 18, 2022
By Reuters
By Reuters
MANILA, April 18 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
* BTr fully awards offer of 15 billion pesos ($287.08 million) worth of T-bills against total tenders of 54.034 billion pesos
* BTr awards 5 billion pesos of 91-day T-bill at avg rate of 1.223% versus previous avg of 1.250%
* BTr awards 5 billion pesos of 182-day T-bill at avg rate of 1.568% versus previous avg of 1.555%
* BTr awards 5 billion pesos of 364-day T-bill at avg rate of 1.877% versus previous avg of 1.857%
* Details are on the BTr’s website www.treasury.gov.ph
($1 = 52.25 Philippine pesos)
(Reporting by Enrico Dela Cruz; Editing by Martin Petty)
This article originally appeared on reuters.com