THE national government plans to borrow as much as P225 billion next month from the tender of various government securities, according to the Bureau of the Treasury (BTr). The borrowing plan set by the Treasury for Treasury bills (T-bills) and Treasury bonds (T-bonds) is P75-billion higher than the P150-billion programmed amount for October.
THE national government plans to borrow as much as P225 billion next month from the tender of various government securities, according to the Bureau of the Treasury .
The Treasury is also scheduled to hold next month five auctions of T-bonds with varying tenors with a total value of P150 billion. Each T-bonds auction would have a volume of offering of P30 billion. The national government has been struggling to borrow its full target amount from the domestic market as investors have been asking for higher than acceptable yields, particularly for T-bills, amid volatile market conditions.
The Treasury did not record a full award across the four tenders of T-bills this month, settling for either mixed or partial awards.
Malaysia Latest News, Malaysia Headlines
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