Tag page - IOUs

Short-term benchmark interest rates moved sideways amid Omicron threat. At the Bureau of the Treasury auction on Monday, Dec. 6, yields on three- and six-month debt papers went down, while the interest rate for the one-year IOU slightly inched up. “Bias continues on short end with Omicron...

The national government plans to borrow P140 billion in the domestic market next month. Based on the Bureau of the Treasury offering schedule, the government will sell P80 billion worth of short-dated IOUs and P60 billion in long-term papers in November. The government will hold...

Government borrowings skyrocketed last month as the coronavirus pandemic continued to strangle revenue sources, data from the Bureau of the Treasury showed.          (Photographer:Julian Abram Wainwright/Bloomberg file) Gross borrowings of the Duterte...