Philippines raises USD 170 million via T-bill auction

MANILA, Nov 28 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr awards total of 9.62 billion pesos (USD 169.46 million) vs 15 billion pesos offer

* BTr awards 5 billion pesos of 92-day T-bills at 4.205% avg yield

* BTr awards 2.1 billion pesos of 183-day T-bills at 4.92% avg yield

* BTr awards 2.52 billion pesos of 365-day T-bills at 5.15% avg yield

* Details are on the BTr’s website

(USD 1 = 56.77 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Ed Davies)