Philippines fully awards P20 billion T-bill offer

October 7, 2024 - 2:52 PM
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The Bureau of Treasury building in Manila, in 2014 file photo. BUSINESSWORLD

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

*BTr fully awards 20 billion pesos ($353 million)

* Tenders total 38.49 billion pesos

* BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.414% versus previous auction avg of 5.196%

* BTr awards 6.5 billion pesos of 183-day T-bills at avg rate of 5.474% versus previous auction avg of 5.005%

* BTr awards 7 billion pesos of 364-day T-bills at avg rate of 5.540% vs previous auction avg of 5.487%

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

($1 = 56.68 Philippine pesos)

 —Reporting by Neil Jerome Morales; Editing by Tom Hogue