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Gov’t fully awards T-bills at higher rates on inflation fears - BusinessWorld Online
Summary by bworldonline.com
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1 Articles
Gov’t fully awards T-bills at higher rates on inflation fears - BusinessWorld Online
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday even as average rates went up week on week amid renewed inflation concerns after the United States and Israel launched attacks on Iran. The Bureau of the Treasury (BTr) raised P27 billion as planned via the T-bills it auctioned off as the offering was almost thrice oversubscribed, with total tenders reaching P76.546 billion. However, this was below the P96.82 b…
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100% Center
C 100%
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