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Philippines awards $890 million T-bill offer

Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:
- BTr awards 54.8 billion pesos ($890.48 million), within the 42 billion to 60 billion pesos programme Tenders total 167 billion pesos.
- BTr awards 24 billion pesos of 91-day T-bills at avg rate of 5.008% versus previous auction average of 4.995%. [...]