T-bill, bond rates likely to go up as data bolster tightening bets - BusinessWorld Online

T-bill, bond rates likely to go up as data bolster tightening bets - BusinessWorld Online

RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) on offer this week may rise on growing expectations of further monetary tightening as the Middle East war continues to cast a pall over the Philippines’ economic prospects. The Bureau of the Treasury (BTr) will auction off up to P39 billion in T-bills on Monday, or P10 billion to P13 billion each in 91-, 182-, and 364-day papers. On Tuesday, the government wants to raise P30 bill…