The Capital Market Development Council (CMDC) is exploring the possibility of creating a Child Trust Fund (CTF) that would provide long-term savings or investment accounts to qualified low-income families to support their children’s tertiary education. National Treasurer Rosalia De Leon...
The national government raised P22 billion through the sale of short-dated IOUs, higher by P2 billion against its P20 billion program for the week. Interest rates on three-month and six-month papers declined compared with the previous week, while one-year note yield was unchanged. The 91-day...
The national government raised P30 billion through the sale of three-year debt papers at yesterday’s auction. The Bureau of the Treasury fully awarded the bonds at 2.224 percent. Highest bid hit 2.245 percent, while lowest offer was at 2.199 percent. Total tenders for the Treasury bonds reached...
The national government raised P22 billion from the sale of short-dated notes in the domestic market yesterday after interest rates dropped anew across all tenors. Rate on 91-day Treasury bills settled at 1.058 percent, lower than 1.079 percent in the previous week, while the 182-day notes averaged...
Monetary support to government companies is set to breach last year’s record by October driven by the Duterte administration’s coronavirus response, data from the Bureau of the Treasury revealed over the weekend. Total subsidies to government-owned and -controlled corporations (GOCCs) reached...
The national government plans to borrow P140 billion in the domestic market next month. Based on the Bureau of the Treasury offering schedule, the government will sell P80 billion worth of short-dated IOUs and P60 billion in long-term papers in November. The government will hold...
The Bureau of the Treasury sold P30 billion worth of debt notes at yesterday’s auction. The 10-year re-issued Treasury bonds fetched an average rate of 2.782 percent, after highest bid reached 2.835 percent while lowest asking was at 2.675 percent. Total tenders reached P68.66 billion....
The Bureau of the Treasury fully awarded bids for short-term treasury bills at yesterday’s auction. The 91-, 182, and 364-day Treasury bills fetched average yields of 1.116 percent, 1.600 percent and 1.800 percent, respectively - all lower than previous auction levels. The auction was nearly...
The national government’s debt soared by nearly half-a-trillion pesos last month amid the Duterte administration’s aggressive borrowings to fund the country’s coronavirus response, data from the Bureau of the Treasury showed. The outstanding debt of the national government stood at...
The Bureau of the Treasury (BTr) fully awarded yesterday bids for treasury bills yesterday's auction. The three- and six-month notes and one-year papers fetched average rates of 1.121 percent, 1.601 percent and 1.858 percent, respectively. The auction was more than three-times oversubscribed...
The Bureau of the Treasury on Tuesday fully rejected bids for the reissued 10-year treasury bonds. The debt papers, with nine-year and nine-month to maturity, fetched an average rate of 3.329 percent, higher than the secondary market benchmark and trading rate for the security. Nevertheless, the...
