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...