The Bureau of the Treasury (BTr) on Wednesday was able to raise P35 billion from the full awarding of reissued Treasury bonds (T-bonds) as investors’ asking rates were in line with benchmark level.
THE Bureau of the Treasury on Wednesday was able to raise P35 billion from the full awarding of reissued Treasury bonds as investors’ asking rates were in line with benchmark level.
The T-bonds, which had a remaining life of 6 years and 9 months, had an average rate of 6.796 percent, relatively equal compared to the 6.756 percent secondary market benchmark rate. The reissued T-bonds had a yield ranging from the low of 6.625 percent to a high of 6.895 percent.
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