GOV’T PLANS TO BORROW P70B FROM LOCAL MARKET IN DEC.

© Provided by BusinessWorld THE government plans to borrow P70 billion from the domestic market in December, as it reduced borrowings after seeing strong demand for its retail Treasury bonds (RTB). In an advisory posted on Thursday, the Bureau of the Treasury (BTr) said it would borrow P30 billion in Treasury bills (T-bills) and P40 billion in Treasury bonds (T-bonds) next month. The De...

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