Benchmark yields for short-term loans rose, prompting the Bureau of the Treasury to borrow less than planned. At Monday's auction of Treasury bills on Feb. 13, the national government raised P14.6 billion, below the P15 billion program. Total demand reached P32.2 billion The 91-day Treasury bill...
Benchmark yields for short-term loans moved sideways, but fell below secondary market rates. At Monday's auction of Treasury bills on Feb. 6, the national government raised P15 billion as programmed after total demand reached P37.78 billion The 91-day Treasury bill rate increased slightly to 4.186...
The Bangko Sentral ng Pilipinas (BSP) should implement more "confidence-building measures" on the use of P1,000 polymer bank notes, Surigao del Norte 2nd district Rep. Robert Ace Barbers said Tuesday, Jan. 31. A P1,000 polymer bill. (Ellson Quismorio/ MANILA BULLETIN) Barbers made this call even as...
Benchmark yields for short-term loans went down on the back of strong demand. At Monday's auction of Treasury bills on Jan. 30, the national government raised P15 billion as programmed after total demand reached P61.85 billion The 91-day Treasury bill rate declined to 4.152 percent from 4.211...
Malacañang said President Ferdinand "Bongbong" Marcos Jr. is elated over the progress of bills listed as priority under his administration. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) As of Jan. 18, 10 out of the 20 priority legislative measures Marcos mentioned in...
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...
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...
WASHINGTON (AFP) -- Buffalo Bills safety Damar Hamlin collapsed on the field after suffering a cardiac arrest during Monday night's game against the Cincinnati Bengals and is in critical condition in hospital, his team said. "Damar Hamlin suffered a cardiac arrest following a hit in our game...
House Speaker Martin Romualdez described his fellow congressmen on Thursday, Dec. 29 as "inspired to work" following the Department of Finance's (DOF) declaration that "the worst is over" for the Philippines. House Speaker Martin Romualdez (Speaker’s office) "We, in the House of Representatives,...
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...
One thousand one hundred and fifty. House Majority Leader Mannix Dalipe (PPAB) That's how many bills and resolutions the House of Representatives was able to process in 41 session days from July 25 to Dec. 15, 2022, according to House Majority Leader and Zamboanga City 2nd district Rep. Mannix...
The 12 remaining priority measures of the Marcos administration, as listed in the Common Legislative Agenda (CLA) of the Legislative-Executive Development Advisory Council (LEDAC), will be passed next year. President Ferdinand "Bongbong" Marcos Jr. (left) and House Speaker Martin Romualdez...
