Oliver 10 0 0 3 min to read

T-bill rates finish in various ways.

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The Bureau of the Treasury’s (BTr) auction results showed that rates for Treasury notes (T-bills) fluctuated on Monday, with the 91-day down.

During the auction on November 14 last year, the three-month paper’s average rate dropped from 4.464 percent to 4.375 percent.

The 182-day paper’s rate increased to 4.921 percent, and the 364-day paper’s rate increased to 5.142 percent.

During the auction last week, they were at 4.838 percent for the six-month paper and 5.100 percent for the one-year T-bill.

The one-year paper was undersubscribed with bids totaling only PHP4.971 billion despite the fact that all tenors were offered PHP5 billion each.

The total amount of bids for the three-month paper was PHP17.371 billion, and for the six-month, it was PHP7.110 billion.

The auction committee fully granted the three-month paper, but only PHP3.25 billion and PHP2.3 billion for the 182-day and one-year debt instruments, respectively, were.

Prior to last week’s 75 basis point increase, which came after monetary authorities noted assessments for a persistently high inflation rate, National Treasurer Rosalia de Leon attributed the increase in government securities rates to expectations of future increases in the central bank’s key policy rates.


Cebuano Cebuano English English Filipino Filipino


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