Treasury bill rates continue to decline

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

The Bureau of the Treasury raised P20 billion from the auction and opened its tap facility window to sell another P5 billion in one-year debt paper. | bendeveraINQ

The 364-day treasury bills fetched 1.77 percent, lower than the previous annual rate of 1.782 percent, and the Treasury awarded all P10 billion it offered.Tenders across the three tenors amounted to P72.4 billion or more than 3.6 times the P20-billion total offering.

De Leon said the take-up for short-term placements in treasury bills did not affect the ongoing offer of five-year retail treasury bonds , which will be up for grabs until Aug. 7 at a coupon of 2.625 percent. The government’s 24th RTB sale and the Duterte administration’s seventh issuance was also being made available on a mobile app as well as more online channels.

The RTBs’ selling agents include Asia United Bank, Australia and New Zealand Banking Group, Banco De Oro Unibank, Bank of Commerce, BDO Capital and Investment Corp., BDO Private Bank, BPI Capital, China Bank, Citibank, CTBC Bank , Development Bank of the Philippines, East West Bank, First Metro Investment Corp., ING Bank, Land Bank, Maybank Philippines, Metrobank, Philippine Bank of Communications, Philippine National Bank, Rizal Commercial Banking Corp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

bendeveraINQ Ipangbabayad sa mga kumikita sa pangalan ng Covid, na wala namang silbi. Samantala, mamatay na ang maysakit sa kawalan ng gamit. Ang matira, magbabayad ng mga inutang.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines