Gov’t upsizes T&bill award amid strong demand, drop in yields

THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as rates dropped across all tenors following slower-than-expected April inflation and with the market looking ahead to the central bank’s policy meeting on Thursday. The Bureau of the Treasury (BTr) raised P17 billion from the T-bills it offered on Monday, higher than […]

Gov’t upsizes T&bill award amid strong demand, drop in yields
THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as rates dropped across all tenors following slower-than-expected April inflation and with the market looking ahead to the central bank’s policy meeting on Thursday. The Bureau of the Treasury (BTr) raised P17 billion from the T-bills it offered on Monday, higher than […]