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Philippines raises nearly $200 mln via T-bill auction

November 29, 2021By Reuters

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

* BTr made full award of 10 billion Philippine pesos ($198.53 million) worth of T-bills at auction

* BTr fully awarded its 2 billion pesos offer of 91-day T-bills at an average rate of 1.164%

* BTr awarded 3 billion pesos worth of 182-day T-bills at an average rate of 1.449%

* BTr awarded 5 billion pesos worth of 363-day T-bills at an average rate of 1.636%

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

($1 = 50.37 Philippine pesos)

(Reporting by Enrico Dela Cruz)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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