By Aaron Michael C. Sy, Reporter
THE GOVERNMENT is waiting for more favorable market conditions before proceeding with a retail Treasury bond (RTB) offering this year, amid elevated interest rates and tensions in the Middle East.
National Treasurer Sharon P. Almanza told reporters on Monday that the government is still looking to issue RTBs within the year.
“There will always be a market for RTBs, particularly with maturities coming due this year. The domestic market remains liquid, although the market sentiment is still affected by geopolitical tension in the Middle East as well as developments in the global financial market particularly the US Treasury,” she said in a follow up Viber message.
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