Home / Philippines / Manila


BTr Rejects Bids for 7-year T-bond

MANILA — The Bureau of the Treasury’s (BTr) auction committee rejected all bids for the seven-year Treasury bond Tuesday due to lower demand as banks asked for high yields. BTr offered the debt paper for PHP20 billion but tenders only reached PHP4.39 billion. National Treasurer Rosalia De Leon told reporters …

Read More »