<p>MANILA, Feb 9 (Reuters) - Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:</p>
<ul>
<li>BTR awards 37.8 billion pesos ($647 million), more than the 27 billion pesos offered.</li>
<li>Tenders total 158.2 billion pesos</li>
<li>BTr awards 12.6 billion pesos of 91-day T-bills at avg rate of 4.492% versus previous auction avg of 4.579%</li>
<li>BTr awards 12.6 billion pesos of 182-day T-bills at avg rate of 4.578% versus previous auction avg of 4.672%</li>
<li>BTr awards 12.6 billion pesos of 364-day T-bills at avg rate of 4.615% versus previous auction avg of 4.689%</li>
<li>Details are on the BTr’s website here</li>
</ul>
<p>($1 = 58.4230 Philippine pesos)</p>

- The Philippine Treasury (BTr) conducted a treasury bond auction on February 9, raising 37.8 billion pesos (approximately $647 million), exceeding the offered 27 billion pesos.  
- A total of 158.2 billion pesos was bid, with 91-day treasury bonds allocated at an average rate of 4.492%, 182-day bonds at 4.578%, and 364-day bonds at 4.615%.  
- The average rates for these categories were lower than those from the previous auction, indicating a slight decrease in borrowing costs.

Philippines awards $647 mln T-bill offer