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Philippines fully awards $292 mln T-bill offer; 91-day yield falls
April 4, 2022
By Reuters
By Reuters
MANILA, April 4 (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)
This article originally appeared on reuters.com