BusinessWorld Banking
Yields on Treasury bills rise as Middle East conflict escalates
THE GOVERNMENT made a partial award of the Treasury bills it offered on Monday as yields rose due to the latest flare-up in the Middle East conflict and expectations of rate hikes despite slower-than-expected May inflation. The Bureau of the Treasury (BTr) raised P56 billion via the T-bills it auctioned off, below the P60-billion target […]
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Source: bworldonline.com
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