• Philippine Bureau of the Treasury to sell 91-, 182- and 364-day t-bills Feb. 20.
• 91-day offer at 5b pesos ($90.49m); PIBL0622K087
  ** Bills are re-issued, maturing May 24, 2023
  ** Prior auction avg yield rose to 4.230%, bid/cover ratio 1.77
• 182-day offer at 5b pesos ($90.49m); PIBL1222H347
  ** Bills are re-issued, maturing Aug. 23, 2023
  ** Prior auction avg yield rose to 4.949%, bid/cover ratio 1.69
• 364-day offer at 5b pesos ($90.49m); PIBL1223B083
  ** Bills are newly issued, maturing Feb. 21, 2024
  ** Prior auction avg yield rose to 5.298%, bid/cover ratio 3.11