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Less hawkish central bank tempers T-bill rates

By Inquirer - 6 months ago
MANILA, Philippines — Rates for short-term debt paper fell for the fourth straight week during Monday’s sale of Treasury bills (T-bills) after the Bangko Sentral ng Pilipinas (BSP) sounded less hawkish and hinted at a rate cut in August. This, in turn, allowed the government to raise its target financing of P15 billion via T-bills,

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