The Department of Finance (DOF) said the national government is looking at selling euro-denominated retail bonds targeted at overseas Filipinos. Finance Secretary Benjamin E. Diokno said the Bureau of the Treasury is studying the possible domestic issuance of retail treasury bonds (RTB) in euro...
The Bureau of the Treasury made a full-award on Tuesday, Jan. 24, after the benchmark interest rate on debt falling due in almost 10-years settled below the secondary market levels. The interest rate of the reissued 10-year IOUs, with a remaining life of nine-years and eight-months, fetched 5.913...
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...
Senate Majority Leader Joel Villanueva today threw his support behind plans of the Department of Finance (DOF) to launch retail treasury bonds targeted at overseas Filipino workers (OFWs). This, according to Villanueva, is s a great investment opportunity for the OFWs described as the country’s...
The Marcos administration plans to borrow more in US dollars as the Department of Finance (DOF) said the government is looking at tapping the hard-earned savings of overseas Filipino workers (OFWs). During a Kapihan sa Manila Bay Forum on Wednesday, Nov. 30, DOF Secretary Benjamin E. Diokno said...
Domestic borrowing program of the Marcos administration for December dropped due to fewer workweeks during holiday season. Based on the Treasury advisory on Thursday, Nov. 24, the December financing plan of the Bureau of the Treasury declined by 32 percent to P135 billion from P215 billion in the...
The benchmark interest rate on debt falling due in almost 12 years rose at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Nov. 15. The interest rate of the 25-year IOUs, with a remaining life of 11 years and nine months, fetched 8.168 percent, lower than the original...
Seeking to find more ways for underprivileged Filipino students to afford college education, the House Committee on Higher and Technical Education on Monday, Nov. 14, approved a measure that would require the government to issue educational bonds to benefit underprivileged Filipino college...
The Department of Finance (DOF) will continue borrowing mostly from the domestic debt markets under the Marcos administration on the back of the growing appetite of Filipino retail investors in government securities. In a statement on Tuesday, Aug. 23, Finance Secretary Benjamin E. Diokno said...
Small Filipino savers wanting to take a piece of President Marcos’ first retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury has launched on Tuesday, Aug. 23, the government’s new 5.5-year RTB, raising an initial P162.72...
President Ferdinand Marcos Jr. will sell his first retail Treasury bond (RTB) to small Filipino savers, the Bureau of the Treasury announced on Friday, Aug. 19. In a notice, the Treasury bureau said the national government will launch next week another RTB, offering a minimum principal amount of...
Lingering concerns over higher inflation and aggressive tightening by the Bangko Sentral ng Pilipinas (BSP) failed to push up the interest rate for long-term government debt papers. At the Bureau of the Treasury auction on Tuesday, July 19, the yield for the reissued 10-year Treasury bond, with a...