The Marcos administration’s budget deficit narrowed significantly in August due to robust revenue growth and a slight contraction in public spending, the Bureau of the Treasury reported. In a statement, the Treasury said the national government incurred a fiscal deficit of P54.2 billion in August...
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...
The national government's reissued Treasury bonds (T-bonds) attracted strong investor demand on Tuesday, Sept. 17, driven by lower interest rates and a more stable inflation outlook. The Bureau of the Treasury successfully raised P30 billion as planned through the auction of the reissued 10-year...
The Civil Service Commission (CSC) has released the list of passers for the Basic Competency on Local Treasury Examination (BCLTE), Fire Officer Examination (FOE), and Penology Officer Examination (POE), all held simultaneously on June 2. CSC Chairperson Karlo Nograles announced on Friday, Sept. 13...
The government's reissued Treasury bonds (T-bonds) were met with strong investor demand on Tuesday, Sept. 10, as the offering's lower interest rates aligned with a more manageable inflation environment. The Bureau of the Treasury successfully raised P30 billion as planned through the auction of the...
The Marcos administration lowered its financial support for government-owned and -controlled corporations (GOCCs) in July, data from the Bureau of the Treasury showed. The Treasury report revealed that the national government allocated P10.92 billion to support state-owned companies in July, a 69...
The national government successfully auctioned off its 20-year Treasury bonds (T-bonds) on Tuesday, Sept. 3, with rates closely aligned with secondary market levels as expectations for slowing inflation persist. The Bureau of the Treasury raised P30 billion through the reissued bonds,...
Government debt soared to a record high in July, driven by the depreciating peso against the US dollar that contributed to the double-digit rise in foreign obligations. Data from the Bureau of the Treasury, released on Wednesday, Sept. 3, showed that the national government's outstanding debt...
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...
The national government spent more in July, partly due to an increased share from the national tax allotment (NTA) to the local government units (LGUs), the Bureau of the Treasury reported. State spending went up by 5.8 percent to P486.2 billion during the month from P459.5 billion a year earlier....
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...
(MANILA BULLETIN) Bagong Henerasyon (BH) Party-list Rep. Bernadette Herrera is calling for greater transparency and timely reporting on the management of earmarked revenues for the proposed national budget for 2025. This, as Herrera raised the alarm on the...
