Tag: Michael Ricafort
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Philippine Treasury Fully Allocates T-bill Auction Amid Rising Yields
In Manila, the Bureau of the Treasury (BTr) successfully met all bids for Treasury bills (T-bills) in Monday’s auction. The auction saw 91-day, 182-day, and 364-day T-bills being sold at average rates of 5.329 percent, 5.672 percent, and 5.754 percent, respectively. These rates show a slight increase from the previous week’s averages of 5.318 percent,…
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Philippine Treasury Successfully Allocates Reissued 10-Year Bond
The Philippine Bureau of the Treasury (BTr) announced the complete allocation of the reissued 10-year Treasury bond on Tuesday. The bond, which now has a remaining term of eight years and eleven months, was sold at an average yield of 6.118 percent. This rate marks a decrease from the 6.251 percent yield recorded during its…
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Philippine Stock Market Climbs to 6,000 Mark, Peso Holds Steady Midweek
In Manila, the Philippine Stock Exchange index (PSEi) surged back to the 6,000 threshold, marking a 0.94 percent rise to close at 6,044.13. The broader All Shares index also saw a gain, increasing by 0.34 percent to reach 3,619.19 points. This uptick in the stock market occurred a day before the anticipated policy rate reduction…
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Philippine Stock Market Climbs to 6,000 Mark, Peso Holds Steady Midweek
In Manila, the Philippine Stock Exchange index (PSEi) surged back to the 6,000 threshold, marking a 0.94 percent rise to close at 6,044.13. The broader All Shares index also saw a gain, up by 0.34 percent to 3,619.19. This uptick in the stock market occurred a day before the anticipated policy rate reduction by the…
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Philippine Treasury Fully Allocates Reissued Bonds at Lower Yield
The Philippine Bureau of Treasury successfully allocated all bids for the reissued Treasury bonds during an auction held on Tuesday. These bonds, with a remaining term of seven years and seven months, were sold at an average yield of 5.973 percent, which was lower than both the previous reissuance and the current rates in the…
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