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Gov’t fully awards dual-tranche T-bond offering - BusinessWorld Online
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1 Articles
Gov’t fully awards dual-tranche T-bond offering - BusinessWorld Online
THE GOVERNMENT made a full award of the dual-tranche Treasury bonds (T-bonds) it offered on Tuesday at mixed rates as players moved to buy securities at the start of the year. The Bureau of the Treasury (BTr) raised a combined P50 billion as planned via its dual-tenor T-bond sale as total bids reached P124.747 billion, or more than double the amount placed on the auction block. Broken down, the Treasury borrowed P20 billion via the reissued seve…
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