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Philippines fully awards $293 mln T-bill offer as yields decline

January 24, 2022By Reuters

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

* BTr fully awards 15 billion Philippine pesos ($293 million) offer, with yields falling across the board

* BTr awards 5 billion pesos offer of 91-day T-bill at average rate of 0.693%, down from last week’s 0.875%

* BTr awards 5 billion pesos offer of 182-day T-bill at average rate of 1.077%, down from last week’s 1.097%

* BTr awards 5 billion pesos offer of 364-day T-bill at average rate of 1.410%, down from last week’s 1.415%

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

($1 = 51.28 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Martin Petty)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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