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Inflation concerns push up Treasury bill yields - BusinessWorld Online
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1 Articles
Inflation concerns push up Treasury bill yields - BusinessWorld Online
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday as yields on the longer tenors went up due to expectations of faster Philippine inflation in March amid the Middle East conflict’s impact on oil trade, fueling bets of monetary tightening. The Bureau of the Treasury (BTr) raised only P22.8 billion via the T-bills it auctioned off, below the P27-billion target, even as total tenders were at P50.203 billion or…
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Bias Distribution
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100% Center
C 100%
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