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Gov’t Raises T-Bill Award to P28.4B as Bids Surge - BusinessWorld Online

Summary by bworldonline.com
THE GOVERNMENT upsized the award of Treasury bills (T-bills) it auctioned off on Monday, with yields mostly inching up after June inflation slightly picked up but remained below target. The Bureau of the Treasury (BTr) raised P28.4 billion from the T-bills, more than the P25-billion plan as the offer was more than thrice oversubscribed, with total bids reaching P87.486 billion. This was also higher than the P56.84 billion in tenders on June 30. …

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The Public Treasury holds a new auction of Letters that, as every second Tuesday of the month is three and nine months.The agency expects to collect up to 3 billion euros in the auction of this paper.The Treasury Letters are fixed income securities that do not pay a periodic interest and their profitability is calculated as the difference between the purchase price and the nominal value or amortization price of the letter.The last auction of Tre…

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The Arabian Stories News broke the news in on Monday, July 7, 2025.
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