The Philippines Faces A Major Decrease In T-Bills

Recently it was reported that treasury bills (T-bills) in the Philippines have decreased below 1% across the board and the downward tendency still continues. The news is important for the economy considering that it’s the record-low policy rate in the country. The reason for this is the high liquidity in the financial system among investors and problems the central bank currently faces which is why the YT-bills may remain unchanged or slightly move.Q3 2020 hedge fund letters, conferences and moreNow the Bureau of the Treasury (BTr) is going to take some steps to respond to this fall and for th…

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HEDGE accordingly