The auction of Bangko Sentral ng Pilipinas (BSP) 28-day securities was slightly undersubscribed at P99.05 billion versus offer of P100 billion while yields increased. “The very slight undersubscription in the 28-day bills auction reflects market participants preference for shorter tenors in...
The Bureau of the Treasury (BTr) fully awarded bids for short-dated treasury bills at yesterday’s auction. The 91-, 182-, and 364-day Treasury bills fetched average rates of 0.846 percent, 1.094 percent and 1.446 percent respectively—all lower than previous auction results. The auction...
The auction of Bangko Sentral ng Pilipinas’ (BSP) 28-day bills had a higher offer of P120 billion last Friday and it was fully awarded with tenders amounting to P148.81 billion. The bids were lower compared to January 29’s P150.90 billion. The offered volume previously was P100 billion....
The Bangko Sentral ng Pilipinas’ (BSP) auction of 28-day BSP bills last Friday fetched a lower yield and attracted 1.51x more of the offered P100 billion volume. BSP Deputy Governor Francisco G. Dakila Jr. said the offering for the BSP bills was fully subscribed. “Amid strong market interest,...
The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
Trade and Industry Secretary Ramon M. Lopez preferred the passage of pending economic bills that will open certain domestic industries to majority foreign ownership rather than tinkering the Constitution or charter change (cha-cha). At the "Laging Handa" briefing, Lopez explained that as a matter...
Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. said the auction of its 28-day BSP bills continue to be oversubscribed or 1.67x the offered volume. The BSP offered P100 billion of its securities during Friday’s auction, and banks tendered P167.25 billion. “The P100...
The national government has borrowed P22 billion in the domestic market through the sale of short-term debt papers (treasury bills) at yesterday’s auction. Interest rates also further declined. The three-month yield settled at 0.977 percent, lower than the 0.987 percent in the...
Rates of short-dated IOUs, or treasury bills, dropped across the board at yesterday auction as investors expect a slower inflation rate in the final month of last year. During the Bureau of the Treasury’s first auction for 2021, the rate of three-month papers fell to 0.987 percent from previous...
The Duterte administration has increased its domestic borrowing program for the first month of next year, data from the Bureau of the Treasury revealed. According to an online advisory, the Treasury indicated that the national government will sell P80 billion worth...
The Bangko Sentral ng Pilipinas’ (BSP) 28-day securities was oversubscribed by 1.59 times during its Friday auction, its last for 2020. “The BSP offered and awarded in full P80 billion worth of 28-day bills in the last BSP Securities auction for the year amid increased demand for liquidity...
The national government has successfully sold P20-billion treasury bills today, the Bureau of the Treasury said. At an auction, interest rate of three-month debt papers slightly inched up from 1.015 percent last week to 1.022 percent, allowing the government to raise P5 billion as planned....
