The Bureau of the Treasury closed its retail bond offering ahead of schedule after demand reached more than government’s target. National Treasurer Rosalia V. De Leon announced on Wednesday, Feb. 15, that the bureau raised P283.71 billion through the sale of 5.5 year retail treasury bond...
Benchmark yields for short-term loans rose, prompting the Bureau of the Treasury to borrow less than planned. At Monday's auction of Treasury bills on Feb. 13, the national government raised P14.6 billion, below the P15 billion program. Total demand reached P32.2 billion The 91-day Treasury bill...
Small Filipino savers wanting to take a piece of the government’s retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury launched on Tuesday, Feb. 7, the government’s new 5.5 year RTB, raising an initial P162.2 billion as total...
Benchmark yields for short-term loans moved sideways, but fell below secondary market rates. At Monday's auction of Treasury bills on Feb. 6, the national government raised P15 billion as programmed after total demand reached P37.78 billion The 91-day Treasury bill rate increased slightly to 4.186...
The Bureau of the Treasury made a full-award on Tuesday, Jan. 31, after the benchmark interest rate on debt falling due in almost 12 years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 12-years and eight-months, fetched 6.197...
Benchmark yields for short-term loans went down on the back of strong demand. At Monday's auction of Treasury bills on Jan. 30, the national government raised P15 billion as programmed after total demand reached P61.85 billion The 91-day Treasury bill rate declined to 4.152 percent from 4.211...
Philippine benchmark interest rates for short-term loans dipped ahead of the US Federal Reserve’s policy meeting next week. At Monday's auction of Treasury bills on Jan. 23, the bellwether 91-day T-bill rate declined to 4.211 percent from 4.250 percent previously. It is also lower than the...
Investors swamped the Marcos administration’s second overseas $3-billion bond sale, allowing the government to borrow at the much lower interest rates than initially estimated, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno announced Tuesday, Jan. 10, that the national...
Benchmark yields for short-term loans rose anew amid expectations that US Federal Reserve will continue its interest rate tightening regime. At Monday's auction of Treasury bills on Jan. 9, the 91-day Treasury bill rate increased to 4.232 percent from 4.155 percent last week. This, however, is...
Government borrowings accelerated in November last year mainly due to increased domestic financing, data from the Bureau of the Treasury revealed. Gross borrowings of the Marcos administration amounted to P97.87 billion in November alone, up 266 percent from only P26.69 billion in the same month in...
The strengthening of the peso against the US dollar in November helped soften the rise in government debt, the Bureau of the Treasury reported. Based on the Treasury report on Tuesday, Jan. 3, the outstanding debt of the national government stood at P13.644 trillion at end-November, up by a...
The Marcos administration is planning to borrow P200 billion from domestic creditors in the first month of next year to finance the government’s budget deficit, data from the Bureau of the Treasury showed. Based on a Treasury memorandum posted on its website, the national government has raised...
