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Philippines nixes bill auction bids
By Reshmi Basu
New York, June 13 - The Philippines Bureau of the Treasury said it rejected all the auction bids made for its 91-day, 182-day and 364-day Treasury bills on Tuesday.
The Treasury received PHP950 million in bids for the 91-day bills, PHP1.075 billion for the 182-day bills and PHP1.51 billion for the 364-day bills.
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