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Bond yields rise on weak demand - BusinessWorld Online
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1 Articles
Bond yields rise on weak demand - BusinessWorld Online
THE GOVERNMENT partially awarded the Treasury bonds (T-bonds) it offered on Tuesday, with demand weakening as investors turned cautious on longer tenors due to concerns over the fallout from the prolonged Middle East conflict. The Bureau of the Treasury (BTr) borrowed just P9.451 billion via the reissued 10-year bonds it auctioned off, below the P20-billion offering, even as total bids reached P38.506 billion, or nearly twice the amount up for s…
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