Improving market sentiment following the Philippines’ exit from the global money-laundering watchlist, coupled with expectations of monetary easing, fueled strong investor demand for the government’s short-term debt papers. At Monday’s auction on Feb. 24, the Bureau of the Treasury (BTr)...
Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand. During the auction on...
Short-term government yields dropped across all maturities due to rising investor demand and anticipation of additional US Federal Reserve rate cuts. On Monday, Sept. 23, the Bureau of the Treasury (BTr) raised P20 billion through the sale of 91-, 181-, and 364-day IOUs. Total bids amounted...
Short-term benchmark rates moved sideways at the Bureau of the Treasury’s auction on Monday, Aug. 19, following the central bank’s reduction of policy rates by 25 basis points. The national government raised P22.6 billion through the sale of Treasury bills (T-bills), exceeding the initial offer...
The government successfully raised funds through the sale of short-term debt papers on higher interest rates following a faster inflation rate in July and higher-than-expected gross domestic product (GDP) in the second quarter. At an auction on Aug. 12, the national government raised P20 billion as...
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...
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...
Benchmark interest rates increased across the board at Monday's auction amid recent cautious signals from the US Federal Reserve, reducing the odds of a rate cut. The Bureau of the Treasury accepted the programmed P15 billion worth of bids. Investors were willing to buy more, as tenders reached...
Benchmark interest rates returned their slide after the recent downward correction in US Treasury yields. At Monday's auction, May 6, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 5.780 percent from 5.869 percent in the last auction. Likewise, the yield for the...
Short-term benchmark interest rates rose at the auction on Monday due to the expected delay in rate cuts by the US Federal Reserve, given the persistent inflation. The rate for the 91-day Treasury bill (T-bills) increased to 5.888 percent from 5.870 percent during the last week’s auction....
Investors pressed for an increase in Philippine benchmark interest rates for short-term loans following the rise in inflation rate and hawkish signals from monetary officials. At the Treasury bureau’s auction on Monday, April 8, the national government successfully raised P15 billion through the...
