Investors pressed for an increase in Philippine benchmark interest rates for most short-term loans a day before the release of inflation data, which is expected to pick up due to the effects of Typhoon Carina. At the Treasury Bureau’s auction on Monday, Aug. 5, the national government...
Yields on short-term debts rose again following the damages caused by Typhoon Carina, which could lead to an inflation uptick. During an auction on Monday, July 29, the Bureau of the Treasury raised the full-programmed P20 billion. The total bids received during the auction amounted to P36 billion...
The government successfully sold its targeted amount of Treasury bills on Monday due to strong demand from market players anticipating possible central bank policy cuts by August. According to the Bureau of the Treasury, the programmed P20 billion was fully awarded as demands totaled P47.372...
House Speaker Martin Romualdez (left), Senate President Francis "Chiz" Escudero (Facebook) House Speaker Martin Romualdez has requested Senate President Francis "Chiz" Escudero ahead of the start of the third and final regular session of the 19th...
The Marcos administration was able to borrow more than planned during its auction on Monday, July 15, despite interest rates rising anew. The Bureau of the Treasury increased the size of its offering for 182-day Treasury bills (T-bills) to P9.1 billion, raising a total of P22.6 billion compared to...
The national government raised P20 billion at higher rates from the auction of Treasury bills (T-bills). At an auction on Monday, July 8, the Bureau of Treasury made a full award of the T-bills as planned as total bids reached P43.815 billion, more than twice the total offering. The Treasury made a...
The Marcos administration plans to raise P630 billion in the third quarter of the year by issuing treasury bills and bonds. Based on the Bureau of the Treasury memorandum, the government aims to secure P260 billion through treasury bills auctions scheduled from July to September. The bureau also...
Malacañang said on Tuesday, June 25, that the Legislative-Executive Development Advisory Council (LEDAC) has committed to pass top priority bills before the current session ends. President Ferdinand 'Bongbong' Marcos Jr. presides over the fifth Legislative-Executive Development Advisory...
The government fully awarded bids for Treasury bills (T-bills) at Tuesday’s auction despite most benchmark yields climbing. The national government raised the programmed P15 billion. Demand across the board reached P40.3 billion The 91-day Treasury bill rate slightly declined to 5.666 percent...
President Marcos has urged the members of the Senate and the House of Representatives to pass the 17 priority years approved by the Legislative Executive Development Advisory Council (LEDAC) before the year ends, saying these measures will steer the country's development. President Ferdinand...
The national government successfully sold its short-term debt papers as most benchmark yields fell after rising for two-straight weeks. On Monday, June 10, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P42.385 billion,...
Short-term loans moved sideways amid a slightly stronger peso exchange rate on Monday, June 3, according to the Bureau of the Treasury (BTr). The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 5.698 percent from 5.719 percent a week ago. The government...