T-bills’ average yields register slight uptick

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T-bills’ average yields register slight uptick - Business Mirror

Quick Summary:

THE Bureau of the Treasury (BTr) upsized the amount it fully awarded on Monday’s Treasury bills (T-bills) auction, raising P22.60 billion amid mixed yields.

The government will borrow P2.570 trillion this year, following a borrowing mix of 75:25, of which P1.923 trillion will be raised domestically while P646.084 billion will come from foreign sources.

This September, the government aims to raise P80 billion through the sale of T-bills in the domestic debt market.