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                    [Title] => 2-year T-bond rate rises
                    [Summary] => The two-year Treasury bond fetched yesterday  a coupon rate of 10.75 percent, up by more than one percentage point from its  last auction on May 4. Indicating strong market appetite, total tenders reached P5.675 billion against a P4.5-billion offering. 


The auction committee awarded P4.315-billion worth of bids. "The rates were already there as early as June. There are also the expectations that the inflation rate was moving up, so we decided to just align it at the secondary market," Deputy Treasurer Eduardo S. Mendiola said. 


                    [DatePublished] => 2004-09-09 00:00:00
                    [ColumnID] => 133272
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MR. MENDIOLA

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                    [Title] => 2-year T-bond rate rises
                    [Summary] => The two-year Treasury bond fetched yesterday  a coupon rate of 10.75 percent, up by more than one percentage point from its  last auction on May 4. Indicating strong market appetite, total tenders reached P5.675 billion against a P4.5-billion offering. 


The auction committee awarded P4.315-billion worth of bids. "The rates were already there as early as June. There are also the expectations that the inflation rate was moving up, so we decided to just align it at the secondary market," Deputy Treasurer Eduardo S. Mendiola said. 


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abtest

2-year T-bond rate rises

September 9, 2004 - 12:00am

The two-year Treasury bond fetched yesterday a coupon rate of 10.75 percent, up by more than one percentage point from its last auction on May 4. Indicating strong market appetite, total tenders reached P5.675...

Business