T-bill rates rise amid Israeli-Hamas conflict

  • last year
T-bill rates rise amid Israeli-Hamas conflict
Transcript
00:00 The government was unable to raise its target amount of short-term debt during an auction
00:04 of the Treasury bills due to the geopolitical uncertainty following the attack on Israel.
00:10 The government only borrowed 12.5 billion pesos out of the 15 billion pesos it hoped
00:15 to raise as investors demanded higher rates in response to the violence.
00:20 The average rates for the T-bills were higher than the previous auction.

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