T-bill rates up on inflation, Fed taper concerns
MANILA - The rates of Treasury bills (T-bills) rose on Monday ahead of the announcement of the October 2021 inflation rate. The average rate of the 91-day paper increased to 1.13 percent, the 182-day to 1.395 percent, and the 364-day to 1.613 percent. These were at 1.119 percent, 1.387 percent, and 1.606 percent for the three-month, six-month, and one-year papers during the auction last October 25. The Bureau of the Treasury (BTr) offered all tenors for PHP5 billion each and these were all oversubscribed. Total bids for the three-month paper amounted to PHP13.081 billion while it reached PHP14...
Source: philippinetimes.com
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