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Gov t makes partial award of T-bill offer - BusinessWorld Online
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Yields on gov t debt rise on tightening bets - BusinessWorld Online
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The national government borrowed P35 billion from the domestic market despite higher returns.
The benchmark coupon rate on debt falling due in 10-years rose to 7.5 percent from 6.75 percent when same instrument was sold in last Sept. 13.
Likewise, the yield is slightly higher than the 7.
BTr fully awards new 10-year T-bonds on strong demand - BusinessWorld Online
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The Bureau of the Treasury made a partial award for the benchmark interest rate on debt falling due in seven years.
The coupon rate of the new seven-year Treasury bonds was set at seven percent, higher than the 6.778 percent quoted in the secondary market, based on the PHP Bloomberg Valuation