The latest Bureau of the Treasury showed that the outstanding treasury bonds issued by the national government as of end-June reached P5.1 trillion, up from P5 trillion a month ago. | bendeveraINQ
It also helped that yields of government securities were declining amid a low-interest-rate environment.
As for T-bonds, three-year IOUs had a face amount of P153.5 billion; five-year debt paper, P426.5 billion; seven-year treasury bonds, P594.8 billion; and 10-year securities, P533.3 billion.
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