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...
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...
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...
Banks pressed for an increase in Philippine benchmark interest rates for short-term loans as the government mulls borrowing from small investors before the end of the year through the sale of retail Treasury bonds (RTB). At Monday's auction of Treasury bills on Nov. 8, the bellwether 91-day T-bill...
Lingering concerns over higher than expected inflation and the looming scaled back stimulus program in the United States pushed up the interest rate for long-term Philippine debt papers. At the Bureau of Treasury auction on Wednesday, Nov. 3, the yield for the five-year Treasury bond went up 3.762...
Benchmark interest rates increased across the board at Tuesday’s auction of short-term government debt papers, as investors wait for the latest inflation report and shift in policy at US Federal Reserve. The yield on the 91-day Treasury bill, which banks use in pricing their loans, went up to...
The Philippine government debt rose in September nearing the P12-trillion mark due to higher borrowings from local and foreign creditors as well as depreciation of the peso, the Bureau of the Treasury reported. The total outstanding debt stock of the national government reached P11.92 trillion as...
