Economy 1 MIN READ

Philippines seeks to raise $3.9 bln via T-bill, T-bond auctions in Feb

January 26, 2022By Reuters

The Philippines’ Bureau of the Treasury said on Wednesday the total monthly volume of T-bill and T-bond offerings will remain at 200 billion pesos ($3.9 billion) for next month’s auctions.

The government will offer 15 billion pesos of 91-day, 182-day and 364-day T-bills at the weekly auction, and 35 billion pesos each of 4-year, 7-year and 10-year T-bonds available alternately every week, it said in a memorandum to government securities dealers.

($1 = 51.29 Philippine pesos)

(Reporting by Enrico Dela Cruz
Editing by Ed Davies)

((enrico.delacruz@tr.com))

This article originally appeared on reuters.com

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