T-bill rates ease further on dovish BSP signals

MANILA, Philippines – Yields on short-term government debt fell again on Monday’s Treasury bill (T-bill) auction as investors priced in dovish central bank signals. Auction results from the Bureau of the Treasury (BTr) showed strong demand, raising P37.8 billion, which exceeded the original P27-billion offer. READ: debt-service-eats-up-biggest-slice-of-budget-pie Total bids amounted to P126.6 billion, 4.7 times