The national government fell short anew in making a full award of the short-term debt papers following the record-high P585 billion retail treasury bond issuance. The Bureau of the Treasury during an auction on Monday, February 26, partially borrowed P14.8 billion through the sale of Treasury bills...
The Department of Finance (DOF) said the Marcos administration is on track to meet its borrowing requirements for the year, which will provide the necessary funding for government programs and projects. With a total financing goal of P2.46 trillion for 2024, the government plans to secure 75...
Filipino investors seeking to invest their savings with the government can expect a guaranteed return that surpasses the 2023 average inflation rate, data from the Bureau of the Treasury showed. During an auction on Tuesday, Feb. 13, the five-year retail treasury bond (RTB) secured a coupon rate of...
The news of the country's debt nearing P15 trillion is undoubtedly alarming. It raises the question of why the government continues to borrow extensively, despite its significant indebtedness. While many Filipinos tend to avoid borrowing, viewing debt as inherently negative and a sign of poor...
The Department of Finance (DOF) announced that the national government plans to borrow from small Filipino investors in the first three months of the year to cover its budget shortfall. In statement on Friday, Jan. 19, the DOF has stated that the Bureau of the Treasury is preparing to issue another...
The magnitude of loans extended by the National Electrification Administration (NEA) to the electric cooperatives (EC) surpassed P1.0 billion mark last year, according to the government-owned agency. In a statement to the media, NEA emphasized that at least 28 electric cooperatives (ECs) availed of...
As the new year approaches, the Bureau of the Treasury reported that the national government's debt remained below the full-year target set by the Marcos administration for 2023. At end-November last year, the national government's outstanding debt stood at P14.509 trillion, still P114 billion...
As the year drew to a close, the Marcos administration had ramped up the government's borrowing, particularly in the domestic market, data from the Bureau of the Treasury showed. The national government’s gross borrowings surged by 28 percent to P125.5 billion in November last year from P97.9...
The Bureau of the Treasury reported that the national government's budget deficit declined in November largely due to decreased public spending. The Marcos administration’s fiscal gap amounted to P93.3 billion last month, a 25 percent reduction from the P123.9 billion recorded in the same...
The Bureau of the Treasury announced that the national government is set to borrow P585 billion from the domestic market in the first three months of next year to cover its budget shortfall. Based on the Treasury’s quarterly local borrowing plan, the Marcos administration plans to issue P195...
The Department of Finance (DOF) said the national government's borrowing from local and foreign investors through the sale of debt papers demonstrated investor confidence in the Marcos administration. In a statement on Monday, Dec. 18, the DOF boasted President Marcos' multi-billion peso domestic...
The Department of Finance (DOF) said the government’s first-ever sukuk bond offering will be settled by the middle of December this year. In a briefing on Tuesday, Nov. 28, Finance Secretary Benjamin E. Diokno said the Bureau of the Treasury has just announced the sukuk bond issuance, noting that...
