Inquirer
MANILA, Philippines – Yields on short-dated government securities declined across the board for the first time since the Middle East war erupted in late February. This was as investors grew more optimistic following a two-week ceasefire between the United States and Iran. With investors now lowering the risk premium, the Bureau of the Treasury was able to raise more than programmed for the first time since March 9. It awarded P32.1 billion in Treasury bills (T-bills) versus the P30 billion offering. READ: govt-borrowings-jumped-41-in-february-to-p-478-8b The 91-day T-bill declined for a second straight week, after falling to 4.750 percent from 4.985 percent […]... Keep on reading: T-bill rates ease across all tenors
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