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...
The Marcos administration will again tap the overseas debt markets with its three-tranche US dollar dominated bond sale that aims to bridge the government’s budget deficit for the year. Based on a document obtained by reporters, the Philippine government launched on Monday, Jan. 9, the...
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...
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...
PLDT Inc. on Friday, Dec. 23, said it plans to borrow P35 billion to 45 billion in the next two years for "general corporate purposes, including, but not limited to, payment of capital expenditures (capex) and dividends". The telco confirmed President and Chief Executive Officer Alfredo S....
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 made a full-award on Tuesday, Dec. 6, after the benchmark interest rate on debt falling due in almost 12-years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 11-years and 11-months, fetched 7.189...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to reject bids for one-year notes. At Monday's auction of Treasury bills on Dec. 5, the bellwether 91-day Treasury bill rate dropped to 4.089 percent from 4.205 percent last week. This is also lower than the...
Borrowings of the national government rose last October due to President Marcos’ maiden issuance of offshore commercial bonds, data from the Bureau of the Treasury revealed. Gross financing of the Marcos administration stood at P182.42 billion in October this year, higher by 25 percent compared...
