BusinessWorld E-paper
February 16, 2022
THE PHILIPPINE government on Tuesday raised an initial P120.764 billion in an auction of five-year retail Treasury bonds (RTBs) as it continues to seek funding for its pandemic recovery efforts.
Tenders at the rate-setting auction reached P183.44 billion, or more than six times the P30billion on offer at the Treasury’s first retail bond offer for 2022.