Short-term benchmark interest rates dipped after inflation slowed in December 2021. At the Bureau of the Treasury’s auction on Monday, Jan. 10, the yield on three-month papers which banks use in pricing their loans, eased to 0.969 percent from the 1.075 percent fetched during the previous week....
Short-term benchmark interest rates dipped as investors anticipated slower inflation following the implementation of fuel price rollbacks in December, the Bureau of the Treasury said on Monday, Jan. 3. The yield on three-month papers, which banks use in pricing their loans, eased to 1.075 percent...
Malacañang tried to appease the public Tuesday, Dec. 14 over the backlash on the new P1,000 banknote featuring a Philippine eagle design that will be issued alongside the existing bill thas has portraits of World War II heroes Vicente Lim, Josefa Llanes Escoda, and Jose Abad Santos. (Ali Vicoy/...
The short-term benchmark interest rates went sideways. At Monday's auction of Treasury bills on Dec. 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, dropped to 1.125 percent from 1.155 percent previously. The Bureau of the Treasury sold the P2 billion worth of...
Short-term benchmark interest rates moved sideways amid Omicron threat. At the Bureau of the Treasury auction on Monday, Dec. 6, yields on three- and six-month debt papers went down, while the interest rate for the one-year IOU slightly inched up. “Bias continues on short end with Omicron...
Benchmark yields moved sideways amid expectations of higher interest rates following the US Federal Reserve’s decision to begin its stimulus tapering. At Monday's auction, Nov. 29, the 91-day Treasury bill rate, which banks use in pricing their loans, slightly went down to 1.164 percent from...
The House Committee on Ways and Means approved on Monday, Nov. 19 legislative proposals increasing to ten percent from five percent the rate of discounts on water and electricity bills of senior citizens. Senior Citizens In a hearing, the House panel chaired by Albay Rep. Joey Sarte Salceda granted...
The Bureau of the Treasury has scaled down its domestic borrowing program for December due to strong demand for the ongoing retail bond offering and fewer working days. National Treasurer Rosalia V. de Leon said on Thursday, Nov. 25, that the national government plans to borrow only P70 billion...
Investors pressed anew for an increase in Philippine benchmark interest rates for short-term loans. At Monday's auction of Treasury bills on Nov. 22, the bellwether 91-day T-bill rate, which banks use in pricing their loans, rose to 1.178 percent from 1.150 percent previously. The Bureau of the...
Benchmark interest rates increase as investors expect the Bangko Sentral ng Pilipinas (BSP) will keep its key policy rates steady. At Monday's auction Nov. 15, the yields on short-term government debt papers, which banks use in pricing their loans, went up, with the returns on the 91-day Treasury...
Banks pressed for an increase in Philippine benchmark interest rates for short-term loans as the government mulls borrowing from small investors before the end of the year through the sale of retail Treasury bonds (RTB). At Monday's auction of Treasury bills on Nov. 8, the bellwether 91-day T-bill...
The decision of the Metropolitan Waterworks and Sewerage System (MWSS) to remove the Foreign Currency Differential Adjustment (FCDA) from the water bills will have a different impact on the respective customers of Manila Water Company, Inc. and Maynilad Water Services, Inc. Unfortunately, it will...
