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Gov’t debt cost falls as P30B raised from T-bond sale

By Inquirer - 10 months ago
MANILA, Philippines  —A decline in rates sought by creditors allowed the government to fully borrow its target amount of long-dated debt during Tuesday’s sale of Treasury bonds (T-bonds). Auction results showed the Bureau of the Treasury (BTr) had raised the planned amount of P30 billion via its offering of T-bonds payable in seven years. The

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