Government raises P360 billion from Retail T-bonds
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Philippine Star
Philippine Star
Elijah Felice Rosales – The Philippine Star November 30, 2021 | 12:00am MANILA, Philippines —The government raised another P360 billion from the sale of Retail Treasury bonds (RTBs), proceeds of which will be channeled to pandemic response and other programs to support economic recovery. The Bureau of the Treasury yesterday said the 26th tranche of the 5.5-year RTBs generated P330.5 billion and P29.5 billion in new money and through the bond exchange, respectively, to be settled on Dec. 2. “The healthy macroeconomic environment, characterized by sufficient domestic market liquidity and downwar…