The Ministry of Finance raised a $7.5 billion from investors on Tuesday through its latest auction of treasury bills, more than three times the $2.2 billion it initially sought.
Investors snapped up $2 billion worth of the 91-day bill, $2.9 billion from the 182-day bill and $2.6 billion from the 273-day instrument.
The funds will help support the country's $1.26 trillion budget.
The average interest rate was 5.2% for the 91-day bill, 5.3% for the 182-day and 6% for the 273-day bill.
The government currently has about $10.3 billion in outstanding treasury bills, its main tool for short-term borrowing.
comments powered by Disqus
All feeds
