MANILA, Philippines – Yields on short-dated government debts fell again during Monday’s sale of Treasury bills (T-bills), driven by continued hopes for further easing amid dovish signals from Philippine officials.
Auction results showed the Bureau of the Treasury raised ₱25 billion via T-bills, meeting the targeted amount.
READ: T-bill rates ease across the board on further rate adjustments
https://business.inquirer.net/548448/t-bill-rates-down-on-hopes-of-further-rate-cuts