The Bank of the Philippine Islands, the Ayala Group’s financial services arm, is planning to raise ₱5 billion from a planned offering and issuance Peso-denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (BPI SINAG Bonds). In a disclosure to the Philippine Stock...
Looming Trump tariff hikes dampened investor demand, driving up interest rates on long-term government bonds. On Tuesday, March 4, the Bureau of the Treasury (BTr) borrowed ₱30 billion through the sale of reissued five-year bonds. Bids totaled ₱56.82 billion, nearly double the offered...
Interest rates on long-term government bonds climbed as investor appetite weakened due to concerns over US inflation risks and fewer US Federal Reserve rate cuts despite recent domestic policy boosts. On Tuesday, Feb. 25, the Bureau of the Treasury (BTr) successfully raised ₱25 billion through...
Strong demand for government long-term debt papers drove yields lower, fueled by expectations of central bank interest rate cuts and easing US Treasury yields. On Tuesday, Feb. 18, the Bureau of the Treasury (BTr) successfully raised ₱30 billion through the auction of reissued 10-year bonds....
Long-term government debt yields fell on Tuesday, Feb. 11, amid expectations of a 25-basis-point cut in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) and easing U.S. Treasury yields. The Bureau of the Treasury (BTr) raised ₱30 billion ($540 million) through an auction of...
By DERCO ROSAL Interest rates on the national government’s long-term debt have increased due to a stronger dollar, potential inflation, and higher U.S. Treasury yields amid pre-election market speculation. On Tuesday, Oct. 29, the Bureau of the Treasury (BTr) successfully raised P15 billion...
By Derco Rosal Investor demand for the national government’s long-term debt dropped due to reduced chances of the US Federal interest rate cuts, strong job growth, weaker peso, rising inflation, and heightened geopolitical tensions. On Tuesday, Oct. 15, the Bureau of the Treasury (BTr)...
The national government fully awarded Treasury bonds (T-bonds), driven by strong investor interest, lower interest rates from recent reserve requirement cuts, and slowing inflation. On Tuesday, Oct. 1, the Bureau of the Treasury (BTr) successfully raised P15 billion through the auction of reissued...
The Marcos administration plans to raise P310 billion in the fourth quarter through the sale of treasury bills and bonds. According to a memorandum from the Bureau of the Treasury, the government plans to secure P220 billion through treasury bill auctions scheduled from October to December,...
The national government's reissued Treasury bonds (T-bonds) attracted strong investor demand on Tuesday, Sept. 17, driven by lower interest rates and a more stable inflation outlook. The Bureau of the Treasury successfully raised P30 billion as planned through the auction of the reissued 10-year...
The government's reissued Treasury bonds (T-bonds) were met with strong investor demand on Tuesday, Sept. 10, as the offering's lower interest rates aligned with a more manageable inflation environment. The Bureau of the Treasury successfully raised P30 billion as planned through the auction of the...
The national government successfully auctioned off its 20-year Treasury bonds (T-bonds) on Tuesday, Sept. 3, with rates closely aligned with secondary market levels as expectations for slowing inflation persist. The Bureau of the Treasury raised P30 billion through the reissued bonds,...