T-bill rates slide ahead of July inflation data

Bureau of the Treasury

MANILA, Philippines — Yields on short-dated government securities declined across the board on Monday as investors positioned ahead of the release of July inflation data next week.

Auction results showed the Bureau of the Treasury (BTr) raised the programmed P50 billion from its Treasury bill (T-bill) offering after attracting strong demand, with total bids reaching P134.5 billion, or about 2.7 times the amount on offer.

READ: T-bill yields mixed ahead of BSP meeting despite US-Iran deal

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T-bill rates slide ahead of July inflation data

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