The benchmark interest rate on debt falling due in three years rose at an auction of government IOUs at the Bureau of the Treasury. Investors were willing to buy as much as P41.492 billion of the three-year Treasury bonds, more than the government's offer of P35 billion. The rate of the IOUs rose...
The International Finance Corp. (IFC) will invest in BDO Unibank, Inc.’s sustainability bond sale that aims to help finance marine and ocean-based projects while supporting the country’s climate goals. In a statement, IFC said on Friday, April 29, that the World Bank Group unit will subscribe...
The Philippine government sold its second “green” bonds, this time in the Japanese debt market through a four-tranche yen-denominated offering, the Bureau of the Treasury announced on Wednesday, April 13. The bureau said the government raised ¥70.1 billion, roughly P28.95 billion, via a...
The lingering anticipation over higher borrowing costs in the US caused the Philippines' long-term benchmark interest rate to increase. At the Bureau of the Treasury auction on Tuesday, March 29, yield on 10-year debt papers rose to 6.092 percent from 4.875 percent when the same IOUs were auctioned...
Fiber broadband operator Converge ICT Solutions Inc. has received the Certificate of Permit to Offer Securities for Sale from the Securities and Exchange Commission (SEC) for the first P10-billion peso-denominated fixed-rate bonds under the company's P20-billion shelf registration program. Converge...
The Duterte administration has “successfully” completed its three-tranche foreign commercial borrowing on the back of volatile financial markets overseas, the Bureau of the Treasury announced. The Treasury bureau said Tuesday, March 22, that the government raised $2.25 billion, or roughly P118...
The national government successfully borrowed P457.8 billion from small Filipino savers. The Bureau of the Treasury announced Tuesday, March 1, that the government raised P337 billion during the two-week offer period for the retail treasury bonds (RTBs), while the P120.8 billion were awarded during...
The Bureau of the Treasury has raised an initial P120.76 billion well above the P30-billion on offer from the government's new five-year retail Treasury Bond (RTB) that generated total tenders of P183.44 billion at the launch Tuesday, Feb. 15. The Treasury said small Filipino savers wanting to take...
The government will sell P30 billion, its first retail Treasury bond (RTB) for the year catering to small Filipino savers, the Bureau of the Treasury announced. In a notice, the Treasury bureau said the government will launch this month another RTB, offering a minimum principal amount of P30...
Lingering concerns over high inflation in the United States and Federal Reserve’s future action pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Feb. 8, the yield for the reissued 10-year Treasury bond went up to 5.093 percent from...
The interest rate for long-term Philippine debt papers dropped to 4.089 percent from the 4.564 percent in December last year amid lingering anticipation over unwinding monetary policies in the United States. The Bureau Treasury reported on Wednesday, Feb. 2, that investors at the auction for the...
The benchmark interest rate on debt falling due in August 2028 rose at Tuesday's auction of the government IOUs at the Bureau of the Treasury. Bureau of the Treasury office Investors were willing to buy as much as P55.623 billion of the reissued seven-year Treasury bonds, nearly double the...