Latest Breaking News On - He fed 39s key rates are now between 0 75 and 1 percent following the 25 basis point increase last march - Page 1 : comparemela.com

FULL AWARD. Bureau of the Treasury (BTr) awards the PHP10-billion, 10-year Treasury bond (T-bond) in full on Tuesday amid the hike in the debt paper's rate. National Treasurer Rosalia de Leon traced the rate uptick to similar decisions of the Bangko Sentral ng Pilipinas and the Federal Reserve. (Photo from BTr) MDM08-0524 BTr fully awards 10-yr T-bond despite rate uptick MANILA - The Bureau of the Treasury (BTr) fully awarded the re-issued 10-year Treasury bond (T-bond) on Tuesday amid the uptick in its interest rate. It offered the paper for PHP35 billion as total tenders reached PHP72.9 billion. Average rate of the debt securities rose to 6.894 percent from 6.313 percent previously. "Higher rates demanded by market for duration premium following BSP (Bangko Sentral ng Pilipinas) rate hike and expectations for similar follow up actions both from Fed (Federal Reserve) and BSP to tame inflation," National Treasurer Rosalia de Leon told journalists in a Viber message. Last

Bangko sentralBureau of the treasury btrFederal reserveTreasurer rosalia de leonMonetary boardFull award bureau of the treasury btr awards php10 billion0 year treasury bondt bond in full on tuesday amid the hike debt paper 39s rate national treasurer rosalia de leon traced uptick to similar decisions of bangko sentral ng pilipinas and federal reserve photo from btr mdm08 0524 fully awards 10 yrt despite manila bureau awarded re issued its interest it offered for php35 billion as total tenders reached php72 9 average securities rose 6 894 percent 313 previously quot higher rates demanded by market duration premium following bsp expectations follow up actions both fed tame inflationUot national treasurer rosalia de leon told journalists ina viber message last weekHe bsp 39s policy making monetary board mb hiked by 25 basis points the central bank key rates after noting continued recovery of economy and expectations for further acceleration domestic rate price increases aftera 200 point reduction in 2020Hich is part of the central bank 39s pandemic related measuresHe central bank 39s overnight reverse repurchase rrp rate is now at 2 25 percent froma record low ofHe first hike since 2018 relativelyHe fed 39s key rates are now between 0 75 and 1 percent following the 25 basis point increase last marchHich is the first since december 2018Nd the 50 basis point hike in following monthOth of which are targeted to help tame the accelerating inflation rate in us asked if it is stilla good time keep may 2022 borrowing program