BusinessWorld E-paper
August 24, 2022
THE PHILIPPINE government on Tuesday raised an initial P162.72 billion in an auction of retail Treasury bonds (RTBs), the first under the Marcos administration. Tenders at the rate-setting
auction reached P225.32 billion, or more than seven times the P30 billion on offer at the Bureau of the Treasury’s (BTr) second retail bond offer this year, as investorssought safe-haven investments.
