The national government’s domestic borrowing program started the New Year with a partial awarding by the Bureau of the Treasury (BTr) of Treasury bills (T-bills) amounting to P13.65 billion.
THE national government’s domestic borrowing program started the New Year with a partial awarding by the Bureau of the Treasury of Treasury bills amounting to P13.65 billion.
“Partial award on 364-day [T-bills] to align ave with secondary yield,” National Treasurer Rosalia V. De Leon said after the auction. Treasury data showed that both the 91-day and 182-day T-bills were oversubscribed as offers for the former reached P14.65 billion while the latter fetched a total tender of P10.95 billion.
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