Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said the improved external sector accounts in the third quarter compared to the second quarter suggests that the worst is indeed over as far as the country’s inflows are concerned. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E....
The national government raised P22 billion through the sale of short-dated IOUs, higher by P2 billion against its P20 billion program for the week. Interest rates on three-month and six-month papers declined compared with the previous week, while one-year note yield was unchanged. The 91-day...
The 28-day Bangko Sentral ng Pilipinas (BSP) bills auction yielded lower rate of 1.9621 percent, but it still remained oversubscribed with full P60 billion offer awarded. Banks’ total tenders reached P88.90 billion which was 1.48 times the offer volume of P60 billion. The average rate fell by...
The auction of Bangko Sentral ng Pilipinas (BSP) bills fetched a higher yield this week at 2.0367 percent or 0.94 basis point (bp) more than the previous 2.0273 percent, with tenders still exceeding the offer. The central bank offered P70 billion of 28-day BSP bills Friday, lower compared to...
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...
The central bank’s auction of 28-day securities fetched a higher rate on Friday, it remained oversubscribed as the only 28-day offering this week after the Bangko Sentral ng Pilipinas (BSP) put aside the 28-day term deposit facility (TDF). The BSP bills received P129.1 billion tenders...
The Bureau of the Treasury fully awarded bids for short-term treasury bills at yesterday’s auction. The 91-, 182, and 364-day Treasury bills fetched average yields of 1.116 percent, 1.600 percent and 1.800 percent, respectively - all lower than previous auction levels. The auction was nearly...
To spare Maynilad Water Services Inc. and Manila Water Company Inc. from further financial trouble, the government could only give one last set of reliefs to the respective customers of these water utilities, which includes a 30-day grace period for unpaid bills from August 4 to 18. For the unpaid...
The Bureau of the Treasury is planning to borrow P140 billion from the domestic market in October this year. According to an online advisory posted today, the Treasury indicated that the national government will sell P80 billion worth of Treasury bills (T-bills) and P60 billion in Treasury bonds...
Banks prefer Bangko Sentral ng Pilipinas (BSP) securities with short-term maturities of up to two months, according to its highest-ranking official. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg file photo) BSP Governor Benjamin E. Diokno said that based on the...
The Bangko Sentral ng Pilipinas’ (BSP) maiden auction of 1-month BSP Bills, offered at P20 billion initially, received tenders amounting to P43.36 billion in Friday’s bids. This is the first central bank issued securities since the “JOBO” Bills in the 1980s. MB file photo. According...
Gary Valenciano In this time of pandemic, Gary Valenciano can relate to those having serious health concerns. In April 2018, the singer-actor who has Type 1 diabetes complained of chest pains after he and son, Gabriel, performed on a variety show. “I hugged him after the number and while people...
