Gov’t partially awards T-bills

THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday as yields continued to rise amid expectations of more aggressive rate hikes from the US Federal Reserve. The Bureau of the Treasury (BTr) only awarded P5 billion in 91-day T-bills at its auction on Monday even as total tenders reached P35.804 billion, over […]

Gov’t fully awards Treasury bills as yields drop on inflation bets

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates dipped amid lower inflation expectations. The Bureau of the Treasury (BTr) raised P25 billion as planned via the T-bills on Monday, with total tenders reaching P83.705 billion, making the offer over three times oversubscribed. However, demand declined from the P97 billion […]