Philippines raises $251 mln via T-bills; yields rise

MANILA, Oct 23 (Reuters) – Following are the results of the Philippine Bureau of the Treasury’s (BTr) auction of T-bills on Monday:

* BTr awards 14.26 billion Philippine pesos ($250.97 million) versus 15 billion pesos offer

* BTr awards 5 billion pesos of 91-day T-bills at average rate of 6.149% versus previous average yield 5.990%

* BTr awards 4.26 billion pesos of 182-day T-bills at average rate of 6.330% versus previous average yield 6.207%

* BTr awards 5 billion pesos of 364-day T-bills at average rate of 6.479% versus previous average yield 6.388%

* Details are on the BTr’s website

($1 = 56.8200 Philippine pesos)

(Reporting by Enrico Dela Cruz; Editing by Jacqueline Wong)

((enrico.delacruz@thomsonreuters.com))