P25B raised via T-bills despite higher rates
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P25B raised via T-bills despite higher rates
MANILA, Philippines – The government was still able to raise its target amount of short-dated local debts during Monday’s sale of Treasury bills despite the higher rates sought by creditors amid the uncertainties from the ongoing US trade war. Auction results showed the Bureau of the Treasury (BTr) borrowed P25 billion, as planned. The offering
·Manila, Philippines
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