Live Breaking News & Updates on Ith The April 2022 Figure Rising To 4 9 Percent From In Previous Month Bsp 39s Mb Will Have Its Third Rate Setting Meeting For Year On Thursday Pna

EXPECTATIONS FOR HIKE. The Bureau of the Treasury (BTr) rejects all bids for the Treasury bills (T-bills) on Monday (May 16, 2022) after investors asked for high rates. National Treasurer Rosalia de Leon attributed this development to expectations for a hike in the Bangko Sentral ng Pilipinas' (BSP) key rates on Thursday. (File photo) MANILA - Bids for Treasury bills (T-bills) were rejected across the board on Monday after investors asked for a high yield ahead of the policy meeting of the Bangko Sentral ng Pilipinas' (BSP) Monetary Board (MB). Had the auction committee awarded the debt papers, the average rate of the 91-day T-bill would have risen to 1.759 percent, the 182-day to 2.215 percent, and the 364-day to 2.828 percent. These were at 1.531 percent, 2.165 percent, and 2.329 percent for the three-month, six-month, and one-year papers during the auction last May 10. BTr offered all tenors for PHP5 billion, and most were oversubscribed. Total tenders for the 91-day T-bill ....

Bangko Sentral , Philippine Statistics Authority , Monetary Board , Treasurer Rosalia De Leon , Expectations For Hike The Bureau Of Treasury Btr Rejects All Bids Billst Bills On Monday May 16 , 022 After Investors Asked For High Rates National Treasurer Rosalia De Leon Attributed This Development To Expectations Fora Hike In The Bangko Sentral Ng Pilipinas 39 Bsp Key On Thursday File Photo Manila Bids Treasury Billst Bills Were Rejected Across Board Monday Yield Ahead Of Policy Meeting Monetary Mb Had Auction Committee Awarded Debt Papers , He Average Rate Of The 91 Dayt Bill Would Have Risen To 1 759 Percent , He 182 Day To 2 215 Percent , Nd The 364 Day To 2 828 Percent These Were At 1 531 , Nd 2 329 Percent For The Three Month , Six Month , Nd One Year Papers During The Auction Last May 10 Btr Offered All Tenors For Php5 Billion , Nd Most Were Oversubscribed Total Tenders For The 91 Dayt Bill Reached Php13 304 Billion While It Amounted To Php7 327 182 Day On Other Hand , Ids For The 364 Dayt Bill Amounted To Php2 9 Billion Quot Market Remains Defensive And Is Bracing Fora Possible Rate Hike By Mb With Stronger Than Expected First Quarter Gdp Gross Domestic Product Growth , Uot National Treasurer Rosalia De Leon Told Journalists Ina Viber Message Last Week , He Philippine Statistics Authority Reported The Higher Than Expected 8 3 Percent Growth Of Domestic Economy In First Three Months Year From Previous Quarter 39s 7 With This , Ome Analysts Forecast Philippine Monetary Authorities To Start Hiking The Central Bank 39s Key Rates , Hich Have Been Cut Bya Total Of 200 Basis Points Toa Record Low 2 Percent For The Overnight Reverse Repurchase Rrp Rate In 2020 To Encourage Lending And Ensure That Economic Activities Will Remain Robust Despite Pandemic This , S Inflation Continues To Accelerate , Ith The April 2022 Figure Rising To 4 9 Percent From In Previous Month Bsp 39s Mb Will Have Its Third Rate Setting Meeting For Year On Thursday Pna ,