THE GOVERNMENT partially awarded the Treasury bills (T-bills) it auctioned off on Tuesday, with rates mostly steady from the previous award amid expectations of faster inflation in December.
THE GOVERNMENT partially awarded the Treasury bills it auctioned off on Tuesday, with rates mostly steady from the previous award amid expectations of faster inflation in December.
Broken down, the Treasury raised P5 billion as planned via the 91-day T-bills with tenders reaching P14.65 billion. The average rate of the three-month papers went up by 6.6 basis points to 4.155% from the 4.089% quoted on Dec. 5, with accepted rates ranging from 4.125% to 4.2%. Meanwhile, the BTr raised just P3.65 billion from the 364-day debt papers as demand stood at only P4.655 billion, below the P5 billion on the auction block. The average rate of the one-year T-bill stood at 5.24%, 9 bps higher than the 5.15% fetched for the tenor for the last successful award on Nov. 28. Accepted yields ranged from 5.15% to 5.375%.
National Treasurer Rosalia V. de Leon said in a Viber message to reporters after the auction that the government made a partial award of the 364-day T-bill to align the tenor’s average rate with the secondary market level.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
US Treasury market logs record annual loss in 2022 - BusinessMirrorTHE US Treasury market notched a record annual loss in 2022, fueled by inflation pressures that prompted the Federal Reserve to hike its overnight benchmark by more than four percentage points. Yields peaked in October or November, then retreated as inflation gauges began to show moderation and Fed officials slowed the pace of policy tightening.
Baca lebih lajut »
Calapan City Port registers 35,968 passengers as of Tuesday morningPassengers returning to their hometowns and workplaces were met with a kilometer-long line at the Calapan City Port, which posted 35,968 travelers as of Tuesday morning according to the Department of Transportation. | JMangaluzINQ
Baca lebih lajut »
PH debt stands at P13.64 trillion as of November 2022THE Philippines’ outstanding debt stood at P13.64 trillion as of the end of November 2022, the Bureau of Treasury (BoT) said on Tuesday, January 3, 2023.In a statement, the BoT...
Baca lebih lajut »
NG debt inches up to P13.6T as of end-Nov. - BusinessWorld OnlineTHE NATIONAL Government’s (NG) outstanding debt inched up to another record high of P13.644 trillion as of end-November, the Bureau of the Treasury (BTr) said on Tuesday.
Baca lebih lajut »
Marcos’ campaign promise, confidential funds pollute the need for government rightsizing - BusinessWorld OnlineA CAMPAIGN promise by President Ferdinand R. Marcos, Jr. to fill up vacant positions and regularize contractual workers in government as well as the approval of questioned confidential funds in the 2023 budget taint the administration’s plan to rightsize the bureaucracy, according to analysts. Czarina Medina-Guce, a governance consultant and development studies lecturer at the […]
Baca lebih lajut »