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Philippines fully awards $292 mln T-bill offer; 91-day yield falls

April 4, 2022By Reuters

Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr fully awards its offer of 15 billion pesos ($291.69 million) worth of T-bills against total tenders of 54.6 billion pesos

* BTr awards 5 billion pesos of 91-day T-bill at avg rate of 1.380% versus previous avg of 1.587%

* BTr awards 5 billion pesos of 182-day T-bill at avg rate of 1.781% versus previous avg of 1.607%

* BTr awards 5 billion pesos of 364-day T-bill at avg rate of 1.883% versus previous avg of 1.792%

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

($1 = 51.4250 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Kanupriya Kapoor)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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