Local short-term interest rates accelerated following Russia’s full-scale invasion of neighboring Ukraine. The Bureau of the Treasury rejected all tenors for Treasury Bills, or IOUs, after banks asked for much higher interest rates during the auction on Monday, Feb. 28. The treasury bureau was...
Benchmark short-term interest rates rose on the back of higher inflation forecast of the Bangko Sentral ng Pilipinas (BSP) and concerns surrounding Ukraine. At Monday's auction on Feb. 21, yields on short-term government debt papers, increased, with the returns on the 91-day Treasury bill up to...
An estimated P1.9 trillion-worth of non-financial government properties, such as roads, hospitals, power plants, and irrigation facilities, have so far been covered by the Bureau of the Treasury in its National Asset Registry System (NARS) as of last year. The Treasury said the new entries to the...
The Bureau of the Treasury has raised an initial P120.76 billion well above the P30-billion on offer from the government's new five-year retail Treasury Bond (RTB) that generated total tenders of P183.44 billion at the launch Tuesday, Feb. 15. The Treasury said small Filipino savers wanting to take...
Investors pressed anew for an increase in Philippine benchmark interest rates for short-term loans. At Monday's auction of Treasury bills on Feb. 14, the bellwether 91-day T-bill rate, which banks use in pricing their loans, rose to 0.810 percent from 0.710 percent previously. The Bureau of the...
The government will sell P30 billion, its first retail Treasury bond (RTB) for the year catering to small Filipino savers, the Bureau of the Treasury announced. In a notice, the Treasury bureau said the government will launch this month another RTB, offering a minimum principal amount of P30...
Lingering concerns over high inflation in the United States and Federal Reserve’s future action pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Feb. 8, the yield for the reissued 10-year Treasury bond went up to 5.093 percent from...
Short-term rates move sideways Short-term benchmark interest rates moved sideways amid excess liquidity in the financial market. At a Bureau of the Treasury auction on Monday, Feb. 7, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, inched up to 0.710 percent from...
The interest rate for long-term Philippine debt papers dropped to 4.089 percent from the 4.564 percent in December last year amid lingering anticipation over unwinding monetary policies in the United States. The Bureau Treasury reported on Wednesday, Feb. 2, that investors at the auction for the...
The Philippines incurred more debt last year, hitting nearly P12 trillion. The Bureau of the Treasury reported on Tuesday, Feb. 1, that the national government’s outstanding financial obligations rose 20 percent to P11.728 trillion at end-December from P9.795 trillion in the same period in 2020....
Philippine benchmark interest rates for short-term loans dipped amid expectations of slower inflation rate. At Monday's auction of Treasury bills on Jan. 31, the bellwether 91-day T-bill rate, which banks use in pricing their loans, slightly fell to 0.691 percent from 0.693 percent previously. The...
The benchmark interest rate on debt falling due in August 2028 rose at Tuesday's auction of the government IOUs at the Bureau of the Treasury. Bureau of the Treasury office Investors were willing to buy as much as P55.623 billion of the reissued seven-year Treasury bonds, nearly double the...
