The national government failed to sell all its short-term debt papers after banks demanded for higher returns following the Israel-Hamas war that led investors to favor safer investment options. At Monday's auction of Treasury bills on Oct. 9, the national government raised a total of P12.518...
Short-term benchmark interest rates significantly increased weeks after the policy rate hike. At the Bureau of the Treasury auction on Monday, Nov. 6, the national government raised a total of P13.220 billion, below the P15 billion program. Total demand reached P32.316 billion. The 91-day Treasury...
Benchmark yields for short-term loans were significantly higher this week amid the policy rate increase forcing the Bureau of the Treasury to partially borrow. At Tuesday's auction of Treasury bills on Oct. 31, the national government raised a total of P12.75 billion, below the P15 billion program....
NEW YORK (AFP) -- Josh Allen threw for two touchdowns and ran for another to lead the Buffalo Bills over Tampa Bay, 24-18, in an NFL game on Thursday, Oct. 26. Josh Allen of the Buffalo Bills looks to pass against the Tampa Bay Buccaneers during the first half of the game at Highmark Stadium on...
The national government failed to sell its short-term debt papers as investors pushed anew for higher returns for the fifth consecutive week. The national government fell short of raising its P15 billion target, managing to raise only P14.26 billion. The total bids received during the auction...
LOS ANGELES (AFP) -- Mac Jones led a dramatic last-gasp touchdown drive as the New England Patriots upset the Buffalo Bills 29-25 to snap a three-game NFL losing streak on Sunday, Oct. 22. Mac Jones of the New England Patriots looks to pass the ball in the first quarter of the game against the...
The national government borrowed partially as banks demanded higher returns amid the Israel-Hamas conflict, which led to higher global crude oil prices. At Monday's auction of Treasury bills on Oct. 16, the national government raised a total of P11.947 billion, below the P15 billion program. Total...
The Makati Business Club (MBC), a group of big businesses based in the country’s premier financial district – Makati, lauded Congress for a productive start to the current session, with three economy-boosting bills on their way to President Ferdinand R. Marcos Jr. for signature. These are...
The national government faced difficulties in selling its short-term debt papers as banks demanded higher returns. On Monday, Oct. 2, the Bureau of the Treasury held an auction for Treasury bills (T-bills) with the goal of raising P15 billion. However, the agency fell short of its target, managing...
The Marcos administration has scaled back its borrowing plan for the next month in light of the retail dollar bond sale, which is slated to conclude in the first week of October, data from the Bureau of the Treasury showed. In a memorandum posted on the Treasury website on Thursday, Sept. 28, the...
Investors pressed anew for an increase in benchmark interest rates for short-term loans. The national government raised P15 billion as planned with the full-award of Treasury bills at the weekly auction held Monday, Sept. 25. The auction was near three-times oversubscribed with total tenders...
Malacañang said the 20 priority bills pushed by President Marcos are on track for passage this year. President Marcos attends the third Legislative-Executive Development Advisory Council (LEDAC) meeting on Sept. 20, 2023 in Malacañan Palace. (Photo courtesy of PCO) Following the third...
