Philippines fully awards $342.5 million T-bill offer

This undated file photo shows one thousand peso bills. (The STAR/Walter Bollozos/File Photo)

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

* BTr fully awards 20 billion Philippine pesos ($342.5 million)

* Tenders total 35.99 billion pesos

* BTr awards 6.5 billion pesos of 91-day T-bills at avg rate of 5.779% versus previous auction avg of 5.743%

* BTr awards 6.5 billion pesos of 182-day T-bills at avg rate of 6.014% versus previous auction avg of 5.991%

* BTr awards 7.0 billion pesos of 364-day T-bills at avg rate of 6.108% versus previous auction avg of 6.081%

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

($1 = 58.3900 Philippine pesos)

 —Reporting by Karen Lema; Editing by John Mair

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