MANILA, Philippines – Yields of government’s Treasury bills (T-bills) went up during yesterday’s auction but officials dismissed the slight uptick saying that these movements are insignificant.
The average rate of the 91-day T-bill rose by 3.6 basis points to 4.312 percent from 4.276 percent previously. The highest bid was 4.350 percent while the lowest offer was at 4.275 percent.
Total tenders reached P2.240 billion as the bank awarded P1.5 billion worth of the paper.
The average rate of the 182-day debt paper rose 4.504 percent, up by 4.8 percent from the 4.456 percent previously. Total tenders reached P3.82 billion as the government awarded P12.5 billion worth of the paper. The highest bid reached 4.575 percent while the lowest offer was 4.458 percent.
Similarly, the yield of the 364-day T-bill went up to 4.684 percent from 4.629 percent previously. The highest bid was 4.725 percent while the lowest rate was 4.635 percent.
The government awarded P1.3 billion worth of the paper as total tenders reached P3.5 billion.
Deputy Treasurer Eduardo Mendiola said investors were on the sidelines as they are still waiting for fresh leads from the Bangko Sentral ng Pilipinas (BSP) and from the gross domestic product (GDP) report next week.–Iris C. Gonzales, Philippine Star
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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