Benchmark interest rates increased across the board at Tuesday’s auction of short-term government debt papers, as investors wait for the latest inflation report and shift in policy at US Federal Reserve. The yield on the 91-day Treasury bill, which banks use in pricing their loans, went up to...
Benchmark interest rates move sideways By CHINO S. LEYCO The short-term benchmark interest rates move sideways. At Monday's auction of Treasury bills on Oct. 25, the bellwether 91-day T-bill rate, which banks use in pricing their loans, slightly rose to 1.119 percent from 1.113 percent previously....
The government rejected bids for its long-term debt paper as investors sought a higher yield amid lingering inflation concerns and expectations the US Federal Reserve will soon hike interest rates. National Treasurer Rosalia V. De Leon said the government could afford to reject high bids because...
Benchmark interest rates moved sideways on Monday, Oct. 18, as yields for the three-month and one-year IOUs resumed their increase, while the six-month paper marginally dropped. The 91-day Treasury bill rate, which banks use in pricing their loans, went up to 1.113 percent from 1.095 percent a week...
The benchmark interest rate on debt falling due in five-years rose at Tuesday's auction of the government IOUs at the Bureau of the Treasury. Investors were willing to buy as much as P56.083 billion of the five-year Treasury bonds, nearly double the government's offer of P35 billion. The rate of...
Investors pressed for an increase in Philippine benchmark interest rates for short-term loans following the US Federal Reserve’s pronouncement that it will likely begin reducing its monthly bond purchases. At Monday's auction of Treasury bills, Oct. 11, the bellwether 91-day T-bill rate, which...
Short-term benchmark interest rates slightly rose as investors anticipated inflation last month moved at a much faster pace than the government’s target. At a Bureau of the Treasury auction on Monday, Oct. 4, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans,...
Small investors who were looking for a low-risk, accessible and higher-yielding investment swamped the government’s first onshore issue of retail dollar bonds, the Bureau of the Treasury announced. Based on a report submitted by National Treasurer Rosalia V. de Leon to Finance Secretary Carlos G....
Benchmark interest rates resumed their slide as the local debt market remains very liquid despite concerns on inflation, the Bureau of the Treasury said. At Monday's auction, Sept. 27, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 1.060 percent from 1.070...
The Bureau of the Treasury is planning to sell the Philippine government’s first retail dollar-denominated bond (RDB) targeted mainly at overseas Filipino investors. During a virtual briefing on Thursday, July 15, National Treasurer Rosalia V. de Leon said the government is firming up the details...