Gov’t raises fresh P15B from T-bills

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6 months ago

MANILA, Philippines — The government has raised a fresh P15 billion from Monday’s auction of Treasury bills (T-bills), even as rates were mixed due to slower-than-expected inflation data in May. The Bureau of the Treasury (BTr) said the auction attracted P42.4 billion in offers, nearly three times the original size of the issuance although slightly

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