Yields on Treasury bills continued to ease at Monday’s auction, following the Bangko Sentral ng Pilipinas’ (BSP)decision last week to lower benchmark interest rates.
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
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