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Discerning Treasury's Bloated 2Q Funding Program

110 Views07 Apr 2018 11:46
Behind Treasury's expanded 2Q18 borrowing plan (Php325bn) biased to t-bills is the intention to keep borrowing costs down to prevent material...
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Jun Trinidad
Philippines Macroeconomist/Strategist
PhilippinesMulti-AssetMacroeconomicsFX & Rates
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