Treasury raises P24B from T-bills as rates continue to fall

Treasury raises P24B from T-bills as rates continue to fall

The Bureau of the Treasury on Monday (May 25) raised P24 billion or a fifth more than its P20-billion T-bills offering as rates continued to decline across the board. The Treasury sold P5 billion in the benchmark 91-day IOUs at 2.058 percent, down from 2.09 percent last week. It also awarded 5 billion in 182-day […]
T-bill rates slide further as investors seek safe haven

T-bill rates fall across the board

T-bill rates further fell across the board on Monday (May 11), allowing the Bureau of the Treasury to sell P22 billion in short-dated government securities. The Treasury awarded P5 billion in 91-day IOUs at an average rate of 2.269 percent, down from 2.479 percent...