T-bill yields rise amid US-Iran deadlock - BusinessWorld Online
The Bureau of the Treasury raised P27.51 billion as demand fell short of the P32 billion target and inflation worries pushed yields higher.
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T-bill rates climb after inflation surge, weak Q1 GDP
MANILA, Philippines – Yields on Treasury bills (T-bills) rose again at Monday’s auction as investors priced in a fresh surge in inflation and another period of anemic economic growth amid the Middle East war. Auction results showed the Bureau of the Treasury (BTr) undersold its offering after raising P28.3 billion of the P32-billion target —
T-bill yields rise amid US-Iran deadlock - BusinessWorld Online
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it offered on Monday as yields climbed across all tenors with the United States and Iran still unable to forge a peace deal, which drove up oil prices anew and stoked inflation concerns. The Bureau of the Treasury (BTr) raised only P27.51 billion via the T-bills it auctioned off, below the P32-billion plan, even as total tenders reached P44.861 billion. Still, this was a shade h…
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