The Bureau of the Treasury fully awarded bids for short-term treasury bills at yesterday’s auction. The 91-, 182, and 364-day Treasury bills fetched average yields of 1.116 percent, 1.600 percent and 1.800 percent, respectively - all lower than previous auction levels. The auction was nearly...
The Bureau of the Treasury is planning to borrow P140 billion from the domestic market in October this year. According to an online advisory posted today, the Treasury indicated that the national government will sell P80 billion worth of Treasury bills (T-bills) and P60 billion in Treasury bonds...
The Bureau of the Treasury (BTr) fully awarded yesterday bids for treasury bills yesterday's auction. The three- and six-month notes and one-year papers fetched average rates of 1.121 percent, 1.601 percent and 1.858 percent, respectively. The auction was more than three-times oversubscribed...
Government borrowings breached the P2 trillion mark in August this year as the Duterte administration needed funds to bridge the gap between its dwindling revenues and required spending level amid the coronavirus-induced recession....
Finance Secretary Carlos G. Dominguez III has urged the raffle winners of the small investor-targeted Premyo bonds to consider using their cash rewards to reinvest in government debt securities or start their own small businesses and help create jobs. Finance Secretary Carlos G....
The national government posted a significantly wider budget deficit last month despite the Duterte administration's almost flat spending due to dwindling revenues amid the pandemic, data from the Bureau of the Treasury showed. Official data showed the national government’s fiscal gap swelled by...
The Bureau of the Treasury on Tuesday fully rejected bids for the reissued 10-year treasury bonds. The debt papers, with nine-year and nine-month to maturity, fetched an average rate of 3.329 percent, higher than the secondary market benchmark and trading rate for the security. Nevertheless, the...
The Bureau of the Treasury made a partial borrowing at yesterday's auction after banks asked for higher yields on one-year debt papers. The interest rate on 91-day Treasury bills slid to 1.150 percent from last week’s P1.167 percent, while the 182-day notes settled at 1.589 percent, slightly...
The national government’s debt payments declined in July this year due to lower amortization, data from the Bureau of the Treasury showed. The Duterte administration settled P60.91 billion worth of loans in the domestic and foreign markets last July, down by 11 percent compared with P92.46...
Starting with P20 billion MB file photo. For the first time since the “JOBO” Bills in the 1980s, the Bangko Sentral ng Pilipinas (BSP) will issue P20 billion of 28-day BSP Bills on September 18 as an additional monetary instrument to manage market liquidity. The BSP said the initial offering...
The Bangko Sentral ng Pilipinas (BSP) has raised the term deposit facility (TDF) offer volume this week to P360 billion from P310 billion last September 2, with results still at oversubscribed levels while yields are mixed. The TDF had P541.44 billion tenders. The 7-day tenor has a higher volume...