Philippine T-bill Auction Results
The Philippine Bureau of the Treasury (BTr) conducted its T-bill auction on Monday, yielding the following outcomes:
- Total awarded amount: 25 billion Philippine pesos (approximately $438 million USD)
- Total tenders received: 73.91 billion pesos
Detailed Results:
- 91-day T-bills: 8 billion pesos awarded at an average rate of 5.546% (previous auction: 5.422%)
- 182-day T-bills: 8 billion pesos awarded at an average rate of 5.675% (previous auction: 5.657%)
- 364-day T-bills: 9 billion pesos awarded at an average rate of 5.691% (previous auction: 5.722%)
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