BTr rejects bids for 7-year Treasury bonds : vimarsana.com

BTr rejects bids for 7-year Treasury bonds

The government rejected all bids for its offer of 7-year Treasury Bonds (T-bonds) on Tuesday, June 28, as investors were “excessively” pricing yields.
“(It’s a) full rejection” according to National Treasurer Rosalia V. De Leon.
“Market excessively priced risk premium in this offering just issued

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