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Philippines fully awards $292 mln T-bill offer; yields rise further
February 21, 2022
By Reuters
By Reuters
MANILA, Feb 21 (Reuters) – Following are the results of the Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
* BTr fully awards 15 billion pesos ($292 million) offer against total tenders of 35.922 billion pesos
* BTr awards 5 billion pesos offer of 91-day T-bill at average rate of 0.899% versus previous auction’s 0.810%
* BTr awards 5 billion pesos offer of 182-day T-bill at average rate of 1.157% versus previous auction’s 1.066%
* BTr awards 5 billion pesos offer of 364-day T-bill at average rate of 1.568% versus previous auction’s 1.475%
* Details on the BTr’s website www.treasury.gov.ph
($1 = 51.36 Philippine pesos)
(Reporting by Enrico Dela Cruz; Editing by Tom Hogue)
This article originally appeared on reuters.com