The Marcos administration fell short of its borrowing target from short-term debt papers, as interest rates remained elevated despite the Bangko Sentral ng Pilipinas’ (BSP) recent rate cut and expectations of another, amid escalating tensions in the Middle East. The national government raised...
Peso-denominated bonds issued by the Philippine public and private sectors climbed at the start of the year, as both the government and private corporations increasingly tapped the domestic commercial debt market for their financing requirements. Data from the Asian Development Bank 's (ADB)...
The Marcos administration has borrowed below its planned ₱30 billion through the sale of long-term debt securities, as the Bureau of the Treasury (BTr) rejected bids seeking higher interest rates amid continued tensions between Israel and Iran. At the auction on Tuesday, June 17, the BTr awarded...
Despite weaker investor demand and marginally higher interest costs, the government continued exceeding its ₱25-billion borrowing target, raising ₱26.7 billion from short-term debt papers, as it took advantage of still relatively stable borrowing costs ahead of potential inflation pressures and...
Government subsidies to state-run firms decreased by 10.2 percent to ₱37.1 billion in the first four months of 2025, compared to ₱47.3 billion in the same period a year ago, as the Marcos administration scaled back funding for major non-financial and financial government-owned and controlled...
Despite lower demand from local investors, the Marcos administration has successfully borrowed its planned ₱30 billion through the sale of long-term debt securities at higher interest rates, amid reduced chances of US Federal Reserve rate cuts. At an auction on Tuesday, June 10, the Bureau of the...
The government has once again exceeded its ₱25-billion borrowing target, raising ₱28.6 billion from short-term debt papers, as cooling inflation and growing expectations of a Bangko Sentral ng Pilipinas (BSP) rate cut sustained investor demand and pushed yields lower across all tenors. At the...
Despite a sharp increase in the national government’s debt payments in April, over half a trillion pesos was trimmed from total payments in the first four months of the year, leading to a 45.7 percent decline by end-April. Data from the Bureau of the Treasury (BTr) showed that the Marcos...
The Marcos Jr. administration 's chief economic manager has allayed concerns about the rising public debt level, claiming that the national government maintains prudent fiscal management. Asked on Tuesday, June 3, if there 's anything to worry about regarding debt accumulation, especially...
The total outstanding debt of the government reached a new record high of ₱16.75 trillion in April, an increase of ₱68.7 billion, or 0.4 percent, from the previous month, driven by higher domestic borrowings amid strong demand for government securities. Latest data from the Bureau of the...
The Marcos administration has borrowed its planned ₱30 billion from local lenders through the sale of long-term debt securities at lower interest rates, due to strong demand and expectations of further inflation slowdown. The Bureau of the Treasury (BTr) awarded the offered amount through the...
The government on Monday, June 2, borrowed ₱28.6 billion—exceeding its ₱25-billion offer—through short-term debt papers as domestic lenders flocked to the sale, eager to lock in relatively higher interest rates ahead of an expected decline in the coming months. At the latest treasury bills...
