The government was able to raise P22.6 billion from Monday’s sale of Treasury bills, exceeding its original offer, as cash-awash market players flocked to government securities to lock in higher yields ahead of possible Bangko Sentral ng Pilipinas (BSP) interest rate cut by August. But despite prospective BSP rate cuts, accredited government securities dealers demanded Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
