BTr raises ₱22 billion on strong demand for Treasury bills

Quick Summary:

THE Bureau of the Treasury (BTr) successfully raised P22 billion in its first Treasury bills (T-bills) auction for 2025 on the back of investors’ strong demand amid yields falling across the board.

The 92-day T-bills were sold at the full amount of P7 billion, attracting tenders amounting to P25.017 billion.

Further, the 364-day tenor averaged at 5.931 percent, lower by 4.6 bps from 5.977 percent previously, with a rate range of 5.900 percent to 6 percent.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Rate T-bills Tenor Inflation Percent Auction Year Tenders Treasury Full Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 16:04:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 670 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24918449

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