GOVERNMENT REJECTS ALL BIDS FOR REISSUED T-BONDS

© BW Photo file Government rejects all bids for reissued T-bonds MANILA, Philippines — The government turned down all bids for the P20 billion worth of reissued 10-year Treasury bonds yesterday as investors asked for higher than expected rates. The Bureau of the Treasury said it rejected all bids for the T-bonds with a remaining term of nine years and seven months, as investors demand...

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