T-bill yields correct higher before inflation data - BusinessWorld Online

T-bill yields correct higher before inflation data - BusinessWorld Online

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday even as yields corrected higher amid broad market volatility due to overseas concerns and before the release of September inflation data and the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. The Bureau of the Treasury (BTr) raised P22 billion as planned from the T-bills it auctioned off as the offering was more than three times oversubscribed, with total b…