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BTr partially awards bond offer at mixed yields - BusinessWorld Online
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1 Articles
BTr partially awards bond offer at mixed yields - BusinessWorld Online
THE GOVERNMENT made a partial award of the dual-tenor Treasury bonds it offered on Tuesday at mixed yields as lingering global uncertainties kept market players cautious, dampening demand for long-term debt. The Bureau of the Treasury (BTr) raised a combined P41.599 billion via its dual-tranche T-bond sale, below the P50-billion plan, even as total bids reached P127.724 billion or more than double the amount placed on the auction block. Broken d…
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