Due to the holiday season, the national government has scaled back its domestic borrowing plan for the month of December. Data from the Bureau of the Treasury showed that the Marcos administration intends to borrow just P60 billion next month, a substantial decrease from November's P225 billion....
The government's maiden borrowing in the Islamic debt market drew an overwhelming response from investors, supported by the Philippines’ robust economic fundamentals. In a statement on Thursday, Nov. 30, the Bureau of the Treasury announced that the government successfully raised $1 billion from...
The Marcos administration increased its domestic borrowing program for November, data from the Bureau of the Treasury showed on Wednesday, Oct. 25. In a memorandum posted on the Treasury website, the bureau stated that the national government aims to borrow P225 billion from the domestic market...
Government borrowing declined in August with fewer loans borrowed from local lenders, data from the Bureau of the Treasury showed. According to the Bureau of the Treasury, government borrowing in August amounted to P124.06 billion, lower by 7 percent than the P133.34 billion recorded in the same...
The Bureau of the Treasury made a full-borrowing on Tuesday, Oct. 17, even though the interest rates on seven-year debt had risen amid expectations of tightening from the Bangko Sentral ng Pilipinas (BSP). During an auction, the government successfully raised the planned P30 billion through the...
The government made a full award of the reissued 10-year debt papers it auctioned off on Tuesday at a lower interest rate. The Bureau of the Treasury (BTr) raised P30 billion as planned from the reissued ten-year bonds it offered on Tuesday. The bonds, which have a remaining life of five years and...
EMBARGOED UNTIL MONDAY, OCT. 2, 12:00AM The government's target for the retail dollar bonds (RDB) is expected to be exceeded, as the Bureau of the Treasury reported a strong demand for investment instruments. During the Chat with SBED briefing last Friday, Sept. 29, Officer-in-Charge Treasurer...
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...
The national government sold all the short-term debt papers it offered, taking advantage of lower interest rates. On Monday, Sept. 18, the Bureau of the Treasury held a successful auction for Treasury bills (T-bills), raising P15 billion, the intended target. The total bids received...
The Marcos administration's July borrowings dropped by almost a quarter, mainly due to a reduction in loans acquired from local creditors. According to the Bureau of the Treasury, government borrowing in July amounted to P131.94 billion, a 24 percent decrease from the P174.95 billion recorded in...
The Philippine government plans to borrow $1 billion from the Islamic debt market, marking the country's first venture into this type of financing, the Bureau of the Treasury said. In a briefing in Dubai, National Treasurer Rosalia V. de Leon said that Manila aims to raise approximately P56.6...
The national government has successfully borrowed funds through short-term loans amid relatively stable interest rates. On Monday, Sept. 11, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with demand for three-, six-, and 12-month IOUs totaled...