The government rejected all bids for long-term debt papers as investors sought a higher yield. At the Bureau of the Treasury’s auction on Tuesday, Jan. 4, investors had sought a return of 4.814 percent for the reissued seven-year Treasury bonds, higher than the previous yield of 4.468 percent...
Short-term benchmark interest rates dipped as investors anticipated slower inflation following the implementation of fuel price rollbacks in December, the Bureau of the Treasury said on Monday, Jan. 3. The yield on three-month papers, which banks use in pricing their loans, eased to 1.075 percent...
The government rejected all bids for its long-term debt papers on Tuesday, Dec. 14, after investors sought higher yields. National Treasurer Rosalia V. De Leon said there is more room for yields to decline following deceleration in inflation last month and assurance from the central bank governor...
The short-term benchmark interest rates went sideways. At Monday's auction of Treasury bills on Dec. 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, dropped to 1.125 percent from 1.155 percent previously. The Bureau of the Treasury sold the P2 billion worth of...
Abandoning projects started by their predecessors is one reason why the country has not prospered and has continued to be mired in deep foreign debt. Sen. Manny Pacquiao-gamers Presidential aspirant Senator Manny Pacquiao said a presidency under him should be expected to pursue programs initiated...
Investors pressed for an increase in Philippine benchmark interest rate for a long-term loan. This was manifested at the Treasury's bond auction on Tuesday, Dec. 7 where government rejected bids for the 10-year notes as investors sought higher returns for buying those securities. Total tenders...
The Philippine government’s outstanding debt nears the P12-trillion mark in October this year due to higher domestic borrowings, the Bureau of the Treasury reported on Wednesday, Dec. 1. As of October 2021, the national government’s total debt reached P11.971 trillion, up by P54.48 billion...
Gov’t borrows P360 billion from small investors By Chino S. Leyco The Duterte government completed its borrowing from small investors through the sale of retail Treasury bonds (RTB), the Bureau of the Treasury announced. In a statement, Monday, Nov. 29, the Treasury said the government sold...
PH new borrowings cut by 78% The national government cut new borrowings in October on the back of improving revenue collections. Data from the Bureau of the Treasury showed that the Duterte administration’s gross borrowings last month dropped 78 percent to P145.78 billion from P663.21 billion in...
The Bureau of the Treasury has scaled down its domestic borrowing program for December due to strong demand for the ongoing retail bond offering and fewer working days. National Treasurer Rosalia V. de Leon said on Thursday, Nov. 25, that the national government plans to borrow only P70 billion...
Debt payments by the Philippine government were nearing the P1 trillion mark in the first nine-months of the year due to higher interest and principal settlements. Data from the Bureau of the Treasury showed that the national government's debt servicing reached P963.86 billion in January to...
Speculation about a possible policy rate adjustment and higher full-year inflation pushed up the yield for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Nov. 9, the interest rate for the 10-year Treasury bond went up to 5.130 percent from 4.468 percent last...
