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...
To spare Maynilad Water Services Inc. and Manila Water Company Inc. from further financial trouble, the government could only give one last set of reliefs to the respective customers of these water utilities, which includes a 30-day grace period for unpaid bills from August 4 to 18. For the unpaid...
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...
Banks prefer Bangko Sentral ng Pilipinas (BSP) securities with short-term maturities of up to two months, according to its highest-ranking official. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg file photo) BSP Governor Benjamin E. Diokno said that based on the...
The Bangko Sentral ng Pilipinas’ (BSP) maiden auction of 1-month BSP Bills, offered at P20 billion initially, received tenders amounting to P43.36 billion in Friday’s bids. This is the first central bank issued securities since the “JOBO” Bills in the 1980s. MB file photo. According...
Gary Valenciano In this time of pandemic, Gary Valenciano can relate to those having serious health concerns. In April 2018, the singer-actor who has Type 1 diabetes complained of chest pains after he and son, Gabriel, performed on a variety show. “I hugged him after the number and while people...
