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T-bill rates up partly on Ukraine-Russia tension

MANILA - Concerns on the Ukraine-Russia tension and higher average domestic inflation projection for this and next year resulted in the upticks of Treasury bill (T-bill) rates on Monday. The average rate of the 91-day paper increased to 0.899 percent, the 182-day to 1.157 percent, and the 364-day to 1.568 percent. These were at 0.810 percent, 1.066 percent, and 1.475 percent for the three-month, six-month, and one-year papers during the auction last February 14. The Bureau of the Treasury (BTr) offered each tenor for PHP5 billion, and the auction committee made full awards across-the-board. Total tenders for the 91-day paper reached PHP13.314 billion, the 182-day at PHP11.49 billion; and the 364-day at PHP11.118 billion. "Rates rose following (the) upward adjustments for inflation this year and increasing tension in Ukraine," National Treasurer Rosalia de Leon told journalists in a Viber message. Last week, the Bangko Sentral ng Pilipinas (BSP) reported the increase of its av ....

Bangko Sentral , Bureau Of The Treasury Btr , Treasurer Rosalia De Leon , Manila Concerns On The Ukraine Russia Tension And Higher Average Domestic Inflation Projection For This Next Year Resulted In Upticks Of Treasury Billt Bill Rates Monday Rate 91 Day Paper Increased To 0 899 Percent , He 182 Day To 1 157 Percent , Nd The 364 Day To 1 568 Percent These Were At 0 810 , 066 Percent , Nd 1 475 Percent For The Three Month , Six Month , Nd One Year Papers During The Auction Last February 14 Bureau Of Treasury Btr Offered Each Tenor For Php5 Billion , Nd The Auction Committee Made Full Awards Across Board Total Tenders For 91 Day Paper Reached Php13 314 Billion , He 182 Day At Php11 49 Billion And The 364 118 Quot Rates Rose Following Upward Adjustments For Inflation This Year Increasing Tension In Ukraine , Uot National Treasurer Rosalia De Leon Told Journalists Ina Viber Message Last Week , He Bangko Sentral Ng Pilipinas Bsp Reported The Increase Of Its Average Inflation Projection For This Year From 3 4 Percent To 7 , Hile The 2023 Projection Was Hiked From 3 2 Percent To Changes Were Made Due Higher Domestic Food Inflation And Global Oil Prices , Onetary Authorities Said Asked About The Impact Of These Developments On March 2022 Borrowing Program , E Leon Said They Will Consider The Program And Include End Result Of Outcome Ongoing Retail Treasury Bond Rtb Offer , Mong Others Offer Period For The Rtbs , Hich Is Intended For Small Investors With Minimum Placement Of Php5 , S From February 15 To 28 Quot We Will Have Calibrate March Issuance Program , Ncluding Size And Tenors With Rtb Results Appetite Of Market Following Revision In Inflation Forecast , Ed Eral Reserve Rate Action , Nd Developments In Ukraine , Uot She Added Pna ,