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Rates & Bonds 1 MIN READ

Philippines rejects all bids for T-bills at auction

October 17, 2022

By Reuters

MANILA, Oct 17 (Reuters) – The Philippines’ Bureau of the Treasury rejected all bids for 91-day, 182-day and 364-day T-bills at an auction on Monday, as market participants sought significantly higher yields.

(Reporting by Enrico Dela Cruz; Editing by Martin Petty)

This article originally appeared on reuters.com

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