The Marcos administration plans to raise P630 billion in the third quarter of the year by issuing treasury bills and bonds. Based on the Bureau of the Treasury memorandum, the government aims to secure P260 billion through treasury bills auctions scheduled from July to September. The bureau also...
Malacañang said on Tuesday, June 25, that the Legislative-Executive Development Advisory Council (LEDAC) has committed to pass top priority bills before the current session ends. President Ferdinand 'Bongbong' Marcos Jr. presides over the fifth Legislative-Executive Development Advisory...
The government fully awarded bids for Treasury bills (T-bills) at Tuesday’s auction despite most benchmark yields climbing. The national government raised the programmed P15 billion. Demand across the board reached P40.3 billion The 91-day Treasury bill rate slightly declined to 5.666 percent...
President Marcos has urged the members of the Senate and the House of Representatives to pass the 17 priority years approved by the Legislative Executive Development Advisory Council (LEDAC) before the year ends, saying these measures will steer the country's development. President Ferdinand...
The national government successfully sold its short-term debt papers as most benchmark yields fell after rising for two-straight weeks. On Monday, June 10, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P42.385 billion,...
Short-term loans moved sideways amid a slightly stronger peso exchange rate on Monday, June 3, according to the Bureau of the Treasury (BTr). The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 5.698 percent from 5.719 percent a week ago. The government...
Benchmark interest rates increased across the board at Monday's auction amid recent cautious signals from the US Federal Reserve, reducing the odds of a rate cut. The Bureau of the Treasury accepted the programmed P15 billion worth of bids. Investors were willing to buy more, as tenders reached...
Short-term benchmark interest rates dipped amid less hawkish signals of policy rate cuts. At the Bureau of the Treasury's auction on Monday, May 20, the national government successfully raised P15 billion through the sale of 91-, 182-, and 364-day IOUs after investors sought lower returns for...
Senate President Juan Miguel "Migz" Zubiri and House Speaker Martin Romualdez (Speaker’s office) Members of the House of Representatives are seeking stronger collaboration with their colleagues in the Senate on the priority bills of...
The government successfully raised funds through the sale of short-term debt papers due to lower interest rates following mostly softer gross domestic product growth and inflation rate. The national government on Monday, May 13, made a full award of all its short-term debt papers even after...
Benchmark interest rates returned their slide after the recent downward correction in US Treasury yields. At Monday's auction, May 6, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 5.780 percent from 5.869 percent in the last auction. Likewise, the yield for the...
President Marcos has urged electricity distribution utilities to tap the Anti Bill Shock Lending Program of the Land Bank of the Philippines to ensure that electricity rates are affordable. Marcos made the directive to the Department of Energy (DOE) and the Energy Regulatory Commission (ERC)....
