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

MANILA, Jan 31 (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 ($293 million) offer, as yields slipped further across the board

* BTr awards 5 billion pesos offer of 91-day T-bill at average rate of 0.691% versus last week’s 0.693%

* BTr awards 5 billion pesos offer of 182-day T-bill at average rate of 1.023% versus last week’s 1.077%

* BTr awards 5 billion pesos offer of 364-day T-bill at average rate of 1.408% versus last week’s 1.410%

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

($1 = 51.17 Philippine pesos)

(Reporting by Enrico Dela Cruz
Editing by Ed Davies)

((enrico.delacruz@tr.com))