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Treasury sells P20 billion in T-bills after 2 weeks of excessive rates
After two weeks of rejecting investors’ high bid rates, the Bureau of the Treasury on Monday (April 6) finally sold P20 billion in T-bills. National Treasurer Rosalia V. de Leon…
Return of 35-day T-bills after 15 years a letdown as investors wanted excessive rates
The Bureau of the Treasury on Tuesday suffered yet another setback in its campaign to raise more funds locally amid the COVID-19 pandemic, as it rejected offers to buy 35-day…
Move to control excessive spikes in cost of essential commodities
The departments of Agriculture, Trade and Industry and Health have reactivated local price coordinating councils (LPCCs) to closely monitor the prices of farm and fishery products, processed goods and medicines…