Gov’t raises P1.3bn debt
Friday, March 01, 2024 | 480 Views |
At the helm: Dekop says more sustainable debt should be raised in the country PIC: PHATSIMO KAPENG
The auction on February 23 saw bids worth P1.2 billion for a P400 million, three-month Treasury Bill (T-Bill) and bids worth P1.9 billion for the P450 million offered under the six-month T-Bill.
The three bonds on offer, with maturities ranging from 2029 to 2043, attracted more moderate bidding but were all equally oversubscribed.
BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...