The Marcos administration intends to secure funding exceeding half a trillion pesos from the local market in second quarter to cover the government's budget shortfall. Based on the Bureau of the Treasury's borrowing plan, a total of P585 billion is projected to be sourced from the issuance of both...
The Bureau of the Treasury made a full award at Tuesday’s auction, May 4, amounting to P35 billion. With a remaining term of four-years and 11-month, the five-year Treasury bonds fetched an average rate of 3.295 percent, lower than the original coupon rate of 3.375 percent set last April....
The national government raised P30 billion through the sale of three-year debt papers at yesterday’s auction. The Bureau of the Treasury fully awarded the bonds at 2.224 percent. Highest bid hit 2.245 percent, while lowest offer was at 2.199 percent. Total tenders for the Treasury bonds reached...