T-bill rates ease on dovish BSP talk

MANILA, Philippines – The government was able to borrow its targeted amount of short-term peso debts during Monday’s sale of Treasury bills (T-bills) as rates fell amid dovish signals from the Bangko Sentral ng Pilipinas. Auction results showed the Bureau of the Treasury raised P22 billion via T-bills. The offering was met with strong demand. Continue reading T-bill rates ease on dovish BSP talk