The Bureau of the Treasury made a full-award on Tuesday, Jan. 24, after the benchmark interest rate on debt falling due in almost 10-years settled below the secondary market levels. The interest rate of the reissued 10-year IOUs, with a remaining life of nine-years and eight-months, fetched 5.913...
Philippine benchmark interest rates for short-term loans dipped ahead of the US Federal Reserve’s policy meeting next week. At Monday's auction of Treasury bills on Jan. 23, the bellwether 91-day T-bill rate declined to 4.211 percent from 4.250 percent previously. It is also lower than the...
Investors swamped the Marcos administration’s second overseas $3-billion bond sale, allowing the government to borrow at the much lower interest rates than initially estimated, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno announced Tuesday, Jan. 10, that the national...
Benchmark yields for short-term loans rose anew amid expectations that US Federal Reserve will continue its interest rate tightening regime. At Monday's auction of Treasury bills on Jan. 9, the 91-day Treasury bill rate increased to 4.232 percent from 4.155 percent last week. This, however, is...
Government borrowings accelerated in November last year mainly due to increased domestic financing, data from the Bureau of the Treasury revealed. Gross borrowings of the Marcos administration amounted to P97.87 billion in November alone, up 266 percent from only P26.69 billion in the same month in...
The strengthening of the peso against the US dollar in November helped soften the rise in government debt, the Bureau of the Treasury reported. Based on the Treasury report on Tuesday, Jan. 3, the outstanding debt of the national government stood at P13.644 trillion at end-November, up by a...
Revenue collection is on track to hit the government's full-year target this year driven by the Bureau of Customs’ better than expected performance, data from the Bureau of the Treasury showed. Based on the Treasury report on Tuesday, Dec. 27, total revenues reached P3.277 billion from January to...
The Marcos administration is planning to borrow P200 billion from domestic creditors in the first month of next year to finance the government’s budget deficit, data from the Bureau of the Treasury showed. Based on a Treasury memorandum posted on its website, the national government has raised...
The Bureau of the Treasury cancelled its last borrowing plan for the year given the government’s better than expected revenue collection performance, resulting in lower borrowing than originally planned. National Treasurer Rosalia V. De Leon said on Monday, Dec. 12, that the bureau already...
Debt payments of the national government dropped by more than half in October this year due to lower amortization, data from the Bureau of the Treasury showed. Marcos administration’s debt servicing reached P39.82 billion in October, down 55 percent more O89.06 billion paid out in the same month...
Government debt stock rose anew in October this year due to new loans and weakening peso, data from the Bureau of the Treasury revealed. As of October 2022, the national government’s outstanding debt stood at P13.641 trillion, up 14 percent compared with P11.971 trillion in the same period last...
The Bureau of the Treasury assured the public that the government will impose safeguard measures to ensure the integrity of the proposed Maharlika Wealth Fund (MWF). In a statement, National Treasurer Rosalia V. De Leon said on Wednesday, Dec. 7, that the bureau supports the establishment of a P250...
