As part of the ongoing Indo-Bangladesh defence cooperation, the 10th edition of the joint military exercise SAMPRITI X between the Indian Army and the Bangladeshi Army culminated after a validation exercise at Jashore Military Station, Bangladesh.
MORE HIKES. Treasury bill rates increase on Monday (May 2, 2022) due to anticipation for another increase in the Federal Reserve's key rates this week. National Treasurer Rosalia de Leon said bids were higher as the market immersed also in the Bangko Sentral ng Pilipinas' aggressive tightening rhetoric. (Photo grabbed from BTr Facebook page) MANILA - The rates of Treasury bills (T-bills) rose on Monday, resulting in the partial award of the one-year debt paper. The average rate of the three-month paper rose to 1.272 percent, the six-month paper to 1.635 percent, and the one-year paper to 1.933 percent. These were at 1.140 percent, 1.558 percent, and 1.901 percent for the 91-day, 182-day, and 364-day debt securities during the auction last April 25. The Bureau of the Treasury (BTr) offered all tenors for PHP5 billion each. Both the three- and six-month papers were fully awarded but the auction committee only awarded PHP2.613 billion for the one-year tenor. Total bids for the 91-
VOLATILITY. The rate of Treasury bills (T-bills) moves in different directions on Monday (April 25, 2022), which has been traced partly to volatility given the inflation developments in the United States. An economist said the decline in oil prices in the international market is among the factors in the T-bill auction. (Photo screengrab from Bureau of the Treasury's Facebook page) MANILA - The rate of Treasury bills (T-bills) ended mixed on Monday but all tenors remained oversubscribed. The average rate of the 91-day T-bill declined to 1.140 percent and the 182-day to 1.558 percent but that of the 364-day rose to 1.901 percent. These were at 1.223 percent, 1.568 percent and 1.877 percent for the 91-day, 182-day, and 364-day T-bills during the auction last April 18. The Bureau of the Treasury (BTr) offered all tenors for PHP5 billion each, and the auction committee made a full award across the board. Total bids for the three-month paper amounted to PHP17.2 billion while these reache
TREASURY BILLS. National Treasurer Rosalia de Leon says on Monday (April 11, 2022) maturing debt papers have boosted liquidity and demand for government-issued debt instruments. This, as rates of the Philippines Treasury bills (T-bills), fell on Monday with investors noting the decline in global oil prices. (PNA file photo) MANILA - Award for the 91-day and 182-day Treasury bills (T-bills) were upsized by PHP2 billion on Monday after interest rates fell and demand remained high. The average rate of the three-month paper slipped to 1.250 percent, the 182-day to 1.555 percent, and the 364-day to 1.857 percent. These were at 1.380 percent, 1.781 percent, and 1.883 percent for the 91-day, 182-day, and 364-day debt papers, respectively, during the auction last April 4. The Bureau of Treasury offered all tenors for PHP5 billion each but upsized to PHP7 billion the award for both the three- and six-month papers. The one-year paper was fully awarded. Tenders for the three-month paper amounted