(Bloomberg) -- Philippine bonds rose, the biggest
fluctuation of any government debt market today, on speculation
the Bureau of the Treasury won't allow yields to increase at a
debt sale next week. The peso strengthened.
Ten-year bonds gained the most in almost seven months as
the market anticipated the Treasury will cap interest-rate
increases at the auction of September 2016 notes on June 19. The
Treasury, which last week spurned all bids at a sale of four-
year debt, will sell 5 billion pesos ($108 million) of the
securities at the auction.
Read more at Bloomberg Bonds News
fluctuation of any government debt market today, on speculation
the Bureau of the Treasury won't allow yields to increase at a
debt sale next week. The peso strengthened.
Ten-year bonds gained the most in almost seven months as
the market anticipated the Treasury will cap interest-rate
increases at the auction of September 2016 notes on June 19. The
Treasury, which last week spurned all bids at a sale of four-
year debt, will sell 5 billion pesos ($108 million) of the
securities at the auction.
Read more at Bloomberg Bonds News
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