The Bureau of the Treasury will auction off P15 billion in Treasury bills on Monday, made up of P5 billion each in 91-, 182-, and 364-day debt papers.A trader said the T-bills and T-bonds on offer this week could fetch higher yields.
Mr. Ricafort said in a text message that T-bill and T-bond yields at the secondary market were mostly slightly higher after the widely expected local policy rate hike and some seasonal window-dressing activities. The central bank has raised rates by a total of 300 bps so far this year. Its last meeting for the year is scheduled on Dec. 15.
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