More debts: Treasury raises P360B from 5.5-year RTBs

MANILA, Philippines---The Bureau of the Treasury has raised P360 billion from 5.5-year retail treasury bonds (RTBs) and added P10 billion in T-bills on Monday (Nov.29) to secure the borrowings it programmed for 2021 ahead of the Christmas holidays. In a statement, the Treasury said the 11-day RTB offering that ended last Friday (Nov. 26) generated P330.5 billion in new money plus P29.5 billion from the switch with two bond series maturing early next year. The RTBs sold from the government's 26th overall and the Duterte administration's ninth issuance will be settled on Thursday (Dec. 2). "The healthy macroeconomic environment, characterized by sufficient domestic market liquidit...

Keep on reading: More debts: Treasury raises P360B from 5.5-year RTBs
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