Tag: Finance
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Philippine Treasury Completes Full Allocation of T-bills Amid High Demand
In Manila, the Bureau of the Treasury (BTr) successfully allocated the entire amount of Treasury bills (T-bills) offered during Monday’s auction. The T-bills, spanning 91, 182, and 364 days, were sold at average rates of 5.318%, 5.662%, and 5.780% respectively. These rates were slightly above the PHP Bloomberg Valuation Service yields, which stood at 5.158%…
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