The government increased its borrowing from local creditors to take advantage of strong bids, despite the generally higher yields. The Bureau of the Treasury offered P20 billion in three-, six-, and 12-month IOUs. After reviewing the bids, the auction committee accepted additional offers for the...
Investors pressed for an increase in Philippine benchmark interest rates for most short-term loans a day before the release of inflation data, which is expected to pick up due to the effects of Typhoon Carina. At the Treasury Bureau’s auction on Monday, Aug. 5, the national government...
The Marcos administration was able to borrow more than planned during its auction on Monday, July 15, despite interest rates rising anew. The Bureau of the Treasury increased the size of its offering for 182-day Treasury bills (T-bills) to P9.1 billion, raising a total of P22.6 billion compared to...
The national government raised P20 billion at higher rates from the auction of Treasury bills (T-bills). At an auction on Monday, July 8, the Bureau of Treasury made a full award of the T-bills as planned as total bids reached P43.815 billion, more than twice the total offering. The Treasury made a...
The Marcos administration plans to raise P630 billion in the third quarter of the year by issuing treasury bills and bonds. Based on the Bureau of the Treasury memorandum, the government aims to secure P260 billion through treasury bills auctions scheduled from July to September. The bureau also...
The national government successfully sold its short-term debt papers as most benchmark yields fell after rising for two-straight weeks. On Monday, June 10, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P42.385 billion,...
Short-term loans moved sideways amid a slightly stronger peso exchange rate on Monday, June 3, according to the Bureau of the Treasury (BTr). The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 5.698 percent from 5.719 percent a week ago. The government...
Short-term benchmark interest rates dipped amid less hawkish signals of policy rate cuts. At the Bureau of the Treasury's auction on Monday, May 20, the national government successfully raised P15 billion through the sale of 91-, 182-, and 364-day IOUs after investors sought lower returns for...
The government successfully raised funds through the sale of short-term debt papers due to lower interest rates following mostly softer gross domestic product growth and inflation rate. The national government on Monday, May 13, made a full award of all its short-term debt papers even after...
Short-term benchmark interest rates moved sideways amid slightly stronger peso exchange rate. The national government on Monday, April 29, made a full award of all its short-term debt papers as demands totaled P51.204 billion, more than threefold the offer. The Treasury made a full P5-billion award...
Investors pushed anew for higher rates on short-term debt papers following hawkish signals from the US Federal Reserve and other local monetary officials. At an auction on Monday, April 15, the Bureau of the Treasury raised P15 billion as planned with the full-award of Treasury bills (T-bills). The...
The government increased the size of its offering for one-year Treasury bills (T-bills) to P7 billion, raising a total of P17 billion at Monday's auction on April 1. The amount awarded was bigger than the initial P15 billion offering as the Bureau of the Treasury decided to accept the...
