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Peso Rises vs Dollar Before Inflation, GDP Data - BusinessWorld Online
The Philippine government raised Treasury bill awards to P25 billion amid over fourfold demand as yields edged up before October inflation data release, signaling cautious market sentiment.
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T-bill rates end mixed before Oct. inflation data - BusinessWorld Online
THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it offered on Monday, with yields ending mostly slightly higher as Philippine headline inflation likely picked up last month. The Bureau of the Treasury (BTr) raised P25 billion from the T-bills it auctioned off, above the P22-billion plan, as the offer was over four times oversubscribed, with total bids reaching P99.095 billion. This was also higher than the P85.365 billion in ten…
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