{"id":24379,"date":"2014-09-02T10:57:56","date_gmt":"2014-09-02T02:57:56","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=24379"},"modified":"2025-01-16T12:59:54","modified_gmt":"2025-01-16T17:59:54","slug":"phl-t-bill-rates-down-monday","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/09\/02\/phl-t-bill-rates-down-monday\/","title":{"rendered":"PHL T-bill rates down Monday"},"content":{"rendered":"
\"ShutterStock<\/a>
ShutterStock image<\/figcaption><\/figure>\n

MANILA — General drop in the rate of the government\u2019s Treasury bill (T-bill) prompted the auction committee of the Bureau of the Treasury (BTr) to make a full award across the board Monday.<\/p>\n

Rate of the benchmark three-month bill went down to 1.24 percent from 1.37 percent during the auction last August 4.<\/p>\n

buy erythromycin online https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/erythromycin.html<\/a> no prescription pharmacy <\/div>\n

<\/p>\n

Rate of the six-month paper stood at 1.65 percent. Last month, the auction committee did not award this tenor but its rate last July is lower at 1.51 percent.<\/p>\n

The one year paper\u2019s rate slightly went down to 1.864 percent from the previous month\u2019s 1.869 percent.<\/p>\n

The BTr offered a total of P20 billion worth of debt papers with the three-month paper for P8 billion and the six-month and one-year paper at P6 billion each.<\/p>\n

Demand was high for the shortest tenor after bids reached P25.542 billion. Tenders for the six-month paper were more than twice the offering at 15.6 billion while it reached P22.685 billion for the one-year bill.<\/p>\n

buy bull 100 online https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/bull-100.html<\/a> no prescription pharmacy <\/div>\n

<\/p>\n

In a statement, the BTr said \u201cthe Committee decided to accept all bids for all tenors given the average rates were well within secondary market trading levels.\u201d<\/p>\n

Relatively, Auction Committee member and Finance Undersecretary Gil Beltran said they decided to made a full award after noting that rates offered by the banks was \u201cwithin the secondary market rates.\u201d<\/p>\n

He attributed the drop in the rates to investors\u2019 confidence on the government\u2019s capacity to pay its liabilities.<\/p>\n

\u201cIt means that investors have full faith in NG (national government) as a borrower,\u201d he said.<\/p>\n

buy cialis black online https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/cialis-black.html<\/a> no prescription pharmacy <\/div>\n

<\/p>\n

Increase in the interest rates of government debt papers failed to sustain its rise and Beltran noted that \u201cso far the desire to push rates up hasn’t appeared yet.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — General drop in the rate of the government\u2019s Treasury bill (T-bill) prompted the auction committee of the Bureau …<\/p>\n","protected":false},"author":44,"featured_media":11887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19,95],"tags":[],"class_list":["post-24379","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","category-news-ph","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/24379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=24379"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/24379\/revisions"}],"predecessor-version":[{"id":284628,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/24379\/revisions\/284628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/11887"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=24379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=24379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=24379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}