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T-bond rate climbs
Manila Bulletin
|June 18 2025
The Marcos administration has borrowed below its planned P30 billion through the sale of long-term debt securities, as the Bureau of the Treasury (BTr) rejected bids seeking higher interest rates amid continued tensions between Israel and Iran.
At the auction on Tuesday, June 17, the BTr awarded only P27.6 billion in reissued 10-year treasury bonds (T-bonds).
Tenders totaled ®55.4 billion, nearly twice the amount offered.
But this week’s demand was weaker than the 257.7 billion tendered by government securities eligible dealers (GSEDs) during last week’s auction for 7.25-year T-bonds.
Denne historien er fra June 18 2025-utgaven av Manila Bulletin.
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