Philippines sells $296 mln worth of T-bills at auction

by Reuters
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MANILA, Nov 22 (Reuters)Following are the results of the Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr made full award of 15 billion pesos ($296.21 million) worth of T-bills at auction.

* BTr fully awarded its 5 billion pesos offer of 91-day T-bills at an average rate of 1.178%.

* BTr awarded 5 billion pesos worth of 182-day T-bills at an average rate of 1.443%.

* BTr awarded 5 billion pesos worth of 364-day T-bills at an average rate of 1.628%

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

($1 = 50.6400 Philippine pesos)

(Reporting by Karen Lema; Editing by Martin Petty)

((karen.lema@thomsonreuters.com; +632 841-8938;))

This article originally appeared on reuters.com