NG raises ₧10.55B of ₧15-billion Treasury bills offered - BusinessMirror

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NG raises ₧10.55B of ₧15-billion Treasury bills offered - BusinessMirror
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The national government raised P10.55 billion from the partial award of Treasury Bills on Monday, according to the Bureau of the Treasury (BTr).

THE national government raised P10.55 billion from the partial award of Treasury Bills on Monday, according to the Bureau of the Treasury .

“Results were mixed in today’s treasury bill auction as the Auction Committee decided to fully award bids for the 91-day T-bill while partially awarding the 182- and 364-day T-bills,” the BTr said. The total tenders received for the 91-day T-bills amounted to P17.371 billion and rejected the P12.371 billion.

For the 364-day securities, the government received P4.971 billion total tenders and rejected P2.671 billion.

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