The national government’s debt stock breached P10-trillion mark in January after its total obligations accelerated by P2.5 trillion amid aggressive borrowings to finance the country’s war chest against the coronavirus pandemic. The Bureau of the Treasury reported on Tuesday, March 2, that the...
The Duterte administration borrowed a record P2.74 trillion last year to bridge the ballooning budget deficit induced by the coronavirus pandemic, data from the Bureau of the Treasury showed. The national government’s gross borrowings accelerated by 170 percent in January to December last year to...
The government allowed rates of short-dated IOUs to increase at Monday’s (Feb. 22) auction, as the Bureau of the Treasury made a full award for its borrowing plan for this week. Yields of 91-, 182-, and 364-day Treasury bills (T-bills) rose across the board from last week’s levels. The...
The national government has successfully borrowed P24 billion in the domestic market Monday, Feb. 15 after interest rates declined across the board. At an auction, yield of 91-day Treasury bills (T-bills) averaged at 0.845 percent, slightly lower from last week’s 0.846 percent. The 182-day...
The Bureau of the Treasury (BTr) is urging the lawmakers to immediately reform the present pension system for military and uniformed personnel (MUP) in view of the growing fiscal burden and sustainability risks it poses. In a statement, National Treasurer Rosalia de Leon said overhauling the MUP...
The national government completed the initial phase of the latest retail bond offering targeted at local small investors, the Bureau of the Treasury said. The treasury bureau sold an initial P221.22 billion in three-year retail bonds at a coupon rate of 2.375 percent. Total bids...
The Bureau of the Treasury (BTr) fully awarded bids for short-dated treasury bills at yesterday’s auction. The 91-, 182-, and 364-day Treasury bills fetched average rates of 0.846 percent, 1.094 percent and 1.446 percent respectively—all lower than previous auction results. The auction...
The administration has maintained its domestic borrowing program at P140 billion in February, but with longer tenors, data from the Bureau of the Treasury revealed. According to an online advisory, the Treasury indicated that the national government will sell P80...
The national government has successfully raised P22 billion from the sale of Treasury bills after interest rates dropped across the board at yesterday’s auction. The three-month IOUs fetched an average rate 0.969 percent, lower compared with 0.984 percent last week. The six-months papers,...
The national government raised P22 billion through the sale of short-dated Treasury bills. Yield of three-month papers fetched 0.984 percent at yesterday’s auction, slightly higher from 0.977 percent last week. The rate of six-month IOUs, meanwhile, dropped from 1.360 percent to 1.348 percent,...
The national government has borrowed P22 billion in the domestic market through the sale of short-term debt papers (treasury bills) at yesterday’s auction. Interest rates also further declined. The three-month yield settled at 0.977 percent, lower than the 0.987 percent in the...
The national government’s debt stock increased by more than a quarter in November after both local and foreign obligations jumped by double-digits due to heavy borrowings, data from the Bureau of the Treasury showed. As of November last year, the outstanding debt of the national government...
