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THE Bureau of Treasury (BTr) announced on Tuesday that it has fully awarded 10-year Treasury bonds (T-bonds) on the back of continued strong demand from investors. Data from the government showed that the BTr raised P35 billion from its sale of 10-year T-bonds at the day’s auction. The T-bonds fetched…
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Philippine benchmark interest rates for short-term loans rose prompting the Bureau of the Treasury to only borrow partially.
On Monday, Sept. 12, auction of Treasury bills, the government rejected all bids for three-month IOUs.
Likewise, the Treasury bureau failed to borrow through the s
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