BTr upsizes T-bill award as rates drop on tempered BSP hike bets

WIRE — THE GOVERNMENT upsized its award of the Treasury bills (T-bills) it auctioned off on Monday as rates dropped across all tenors, driven by robust demand and dwindling expectations of aggressive hikes from the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) raised P58.8 billion from the T–bills, above the P42 billion it

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