Short-term government yields declined further amid strong investor interest, fueled by rising expectations of central bank interest rate cuts and reserve requirement reductions. At Monday’s auction, Sept 30, the Bureau of the Treasury (BTr) successfully raised P20 billion through T-bills, with...
The Marcos administration plans to raise P310 billion in the fourth quarter through the sale of treasury bills and bonds. According to a memorandum from the Bureau of the Treasury, the government plans to secure P220 billion through treasury bill auctions scheduled from October to December,...
ORCHARD PARK, N.Y. (AP) — Any concerns Josh Allen had about how the Bills would perform following a 10-day break were eased during a 10-play opening drive that ended with James Cook scoring on a 6-yard touchdown run. Buffalo Bills quarterback Josh Allen (17) throws a pass during the first half of...
The government increased its borrowing from local creditors to take advantage of strong bids, despite the generally higher yields. The Bureau of the Treasury offered P20 billion in three-, six-, and 12-month IOUs. After reviewing the bids, the auction committee accepted additional offers for the...
Short-term benchmark rates moved sideways at the Bureau of the Treasury’s auction on Monday, Aug. 19, following the central bank’s reduction of policy rates by 25 basis points. The national government raised P22.6 billion through the sale of Treasury bills (T-bills), exceeding the initial offer...
The government successfully raised funds through the sale of short-term debt papers on higher interest rates following a faster inflation rate in July and higher-than-expected gross domestic product (GDP) in the second quarter. At an auction on Aug. 12, the national government raised P20 billion as...
Investors pressed for an increase in Philippine benchmark interest rates for most short-term loans a day before the release of inflation data, which is expected to pick up due to the effects of Typhoon Carina. At the Treasury Bureau’s auction on Monday, Aug. 5, the national government...
Yields on short-term debts rose again following the damages caused by Typhoon Carina, which could lead to an inflation uptick. During an auction on Monday, July 29, the Bureau of the Treasury raised the full-programmed P20 billion. The total bids received during the auction amounted to P36 billion...
The government successfully sold its targeted amount of Treasury bills on Monday due to strong demand from market players anticipating possible central bank policy cuts by August. According to the Bureau of the Treasury, the programmed P20 billion was fully awarded as demands totaled P47.372...
House Speaker Martin Romualdez (left), Senate President Francis "Chiz" Escudero (Facebook) House Speaker Martin Romualdez has requested Senate President Francis "Chiz" Escudero ahead of the start of the third and final regular session of the 19th...
The Marcos administration was able to borrow more than planned during its auction on Monday, July 15, despite interest rates rising anew. The Bureau of the Treasury increased the size of its offering for 182-day Treasury bills (T-bills) to P9.1 billion, raising a total of P22.6 billion compared to...
The national government raised P20 billion at higher rates from the auction of Treasury bills (T-bills). At an auction on Monday, July 8, the Bureau of Treasury made a full award of the T-bills as planned as total bids reached P43.815 billion, more than twice the total offering. The Treasury made a...
