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!
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September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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