On the other hand, the committee awarded fully the P5-billion offer of 182-day T-bills and the 363-day T-bills.
Meanwhile, average yields were also higher across the board compared to prevailing rates at the secondary market. Also, the new average for the six-month bills was 7.7 bps lower while that for the yearlong bills was 11.4 bps lower.The BVAL rate for the 182-day debt paper was pegged at 5.901 percent and for the 363-day debt paper at 5.948 percent.
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