Philippines raises $263 mln at T-bill auction; yields rise

MANILA, June 13 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr awards total of 14 billion pesos ($262.89 million) worth of T-bills, less than its weekly 15 billion pesos offer and against total tenders of 29.68 billion pesos

* BTr awards 5 billion pesos of 91-day T-bills at avg rate of 1.572% versus previous avg of 1.440%

* BTr awards 5 billion pesos of 182-day T-bills at avg rate of 1.934% versus previous avg of 1.834%

* BTr awards 4 billion pesos of 364-day T-bills at avg rate of 2.325% versus previous avg of 2.297%

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

($1 = 53.2550 Philippine pesos)

(Reporting by Enrico Dela Cruz)

((enrico.delacruz@tr.com;))