Tag: Treasury Bills
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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 Fully Allocates T-Bill Auction Amid Rising Yields
In Manila, the Bureau of the Treasury successfully met its full allocation target for Treasury bills during Monday’s auction. The auction saw the 91-day, 182-day, and 364-day T-bills being sold at average rates of 5.128 percent, 5.562 percent, and 5.726 percent, respectively. Michael Ricafort, chief economist at Rizal Commercial Banking Corporation, noted that the average…
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