off-the-wire

Philippines raises $125 mln from T-bills, rejects 181-day bids

Kitco Media
By Reuters
Published:
Updated:
Reuters
MANILA, May 2 (Reuters) - Following are the results of the Philippine Bureau of the Treasury's (BTr) auction of T-bills on Tuesday:
* BTr awards 6.915 billion pesos ($124.93 million) worth of T-bills vs 15 billion pesos offer
* BTr awards 1.915 billion pesos of 91-day T-bills at 6.000% avg yield vs previous rate 5.869%
* BTr rejects all bids for 181-day T-bills


* BTr awards 5 billion pesos of 363-day T-bills at 6.247% avg yield vs previous rate 6.209%
* Details are on the BTr's website


($1 = 55.35 Philippine pesos)
(Reporting by Enrico Dela Cruz)

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