2 weeks Bids for 1-year IOUs dumped as market positioned for BSP issuance Inquirer |Biz
The Bureau of the Treasury on Monday rejected bids for the P10-billion worth 364-day T-bills as the market sought higher yields in anticipation of the Bangko Sentral ng Pilipinas’ (BSP) first-ever debt paper. National Treasurer Rosalia V. de Leon said the annual rate for the one-year IOUs would have jumped by 16.2 basis points to […] The post Bids for 1-year IOUs dumped as market positioned for BSP issuance appeared first on Inquirer Business. ... more