After more than a month of partial award, the Bureau of the Treasury has finally made a full award of its short-term borrowing program as interest rates eased across the board. At Monday's auction, April 4, yields on short-term government debt papers declined, with the returns on the 91-day...
Investors continued to press for an increase in Philippine benchmark interest rates for short-term loans. At Monday’s auction, March 28, the yield on the 91-day Treasury bill, which banks use in pricing their loans, rose to 1.587 percent from 1.536 percent a week ago. The government accepted P5...
The Duterte administration will sell fresh debt papers to overseas investors, including the government’s maiden green bond issue, a document from the Bureau of the Treasurer revealed. Based on a Treasury document obtained by reporters on Monday, March 21, the government is planing to raise funds...
The Senate continues to deliberate on several bills designed to improve the delivery of public healthcare services, especially in areas where the local communities are constrained by capacity and funds. Senator Christopher ‘’Bong’’ Go, chairman of the Senate Health and Demography Committee,...
Following two consecutive weeks of failed domestic borrowings, the national government made a partial award of the short-dated debt papers despite still elevated interest rates. The Bureau of the Treasury raised P9.137 billion from auction of three-month, six-month and one-year IOUs, with total...
The Bureau of the Treasury failed anew to secure borrowings from the domestic market for a second consecutive week as banks continued to demand higher interest rates amid Russia’s escalating war in Ukraine. On Monday's auction, March 7, the national government rejected all bids for the...
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...
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...
Senator Grace Poe on Thursday scored the Bangko Sentral ng Pilipinas (BSP) for alerting financial consumers of fake bills emanating from banks’ automated teller machines (ATMs), saying it should not burden the public of a problem they should be solving. “Reminders by the Bangko Sentral ng...
Benchmark interest rates declined anew as investors await the US Federal Reserve's meeting. At Monday's auction Jan. 24, the yields on short-term government debt papers, which banks use in pricing their loans, went down, with the returns on the 91-day Treasury bill fell to 0.693 percent from 0.875...
Benchmark interest rates declined across the board at Monday's auction as inflation began showing signs of cooling down and investors await the policy tightening by the US Federal Reserve. The rate for the 91-day Treasury bill, which banks use in pricing their loans, dropped to 0.875 percent on...
