SPEAKING OUT Ignacio R. Bunye Right after the Chinese New Year, Ayala-led Bank of the Philippine Islands (BPI) listed the very first bond issue in 2023 at the Philippine Dealing and Exchange Corporation (PDEX). Dubbed as the BPI RISE bonds (Reinforcing Inclusive Support for MSMEs), the issue has a...
The Bureau of the Treasury made a full-award on Tuesday, Jan. 31, after the benchmark interest rate on debt falling due in almost 12 years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 12-years and eight-months, fetched 6.197...
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...
The Bureau of the Treasury made a full-award on Tuesday, Dec. 6, after the benchmark interest rate on debt falling due in almost 12-years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 11-years and 11-months, fetched 7.189...
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...
The benchmark interest rate on debt falling due in almost 10-years declined at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Aug. 16. The interest rate of the 10-year IOUs, with a remaining life of nine-years and 10 months, fetched 5.813 percent, lower than the...
Interest rates for long-term Philippine debt papers declined despite weaker economic growth performance in the second quarter. At a Bureau of the Treasury auction on Tuesday, Aug. 9, yield on the reissued 10-year bonds with a remaining life of six years and five months fetched at 5.791 percent,...
The national government borrowed more than expected after interest rate for long-term Philippine debt papers declined. At a Bureau of the Treasury auction on Tuesday, Aug. 2, the coupon rate for the 3.5-year Treasury bond fetched at 5.250 percent, below the secondary market rate of 5.489 percent....
Benchmark interest rate for long-term debt papers declined allowing the national government to raise its borrowing program and take advantage of the favorable yield. At the Bureau of the Treasury auction on Tuesday, July 26, the yield for the reissued 25-year Treasury bond, with a remaining life 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...
One of the largest banks in the Philippines and a digital trailblazer in Asia Pacific, UnionBank will continue to unleash the synergies and value from its various digital investments in the past years and leap forward towards it goal of becoming a Great Retail Bank in its pursuit of enduring...