The Marcos administration’s subsidies to government-owned and/or -controlled corporations (GOCCs) increased by 15.3 percent to ₱22.6 billion in the first quarter of 2025 from ₱19.6 billion a year earlier. According to the latest data from the Bureau of the Treasury (BTr), the increase in...
The Marcos administration has successfully borrowed ₱25 billion from domestic lenders through short-dated debt papers, with creditor appetite remaining relatively high despite the drop in interest rates following the peaceful results of the midterm elections. At Tuesday’s auction on May 13, the...
The Marcos administration’s total debt payments declined by 65.3 percent in the first quarter of 2025, as it settled significantly smaller amounts of principal payments to domestic lenders, offsetting the relatively negligible increase in interest payments. Data from the Bureau of the Treasury...
Borrowing rates for short-dated T-bills rose across the board on Monday, May 5, but it didn 't stop the Bureau of the Treasury (BTr) from raising the ₱25 billion it sought to borrow. In a statement, the BTr said it awarded ₱8 billion in the benchmark 91-day treasury bills at 5.573...
Government borrowings increased in the first-semester of the year amid higher deficit spending due to prolonged pandemic, data from the Bureau of the Treasury revealed. Gross financing of the Duterte administration advanced 12 percent to P1.932...
Benchmark interest rates fetched mixed result on Monday, (July 26), amid increasing concerns that the government may impose stricter quarantine controls to manage the threats of the quick-spreading Delta variant in the Philippines. The yield on the 91-day Treasury bill, which banks use in...
The yields on short-term debt papers slightly inched up across the board yesterday due to lingering concerns on coronavirus “Delta” variant and sustained elevated inflation in June, the Bureau of the Treasury said. At Monday's auction of Treasury bills, July 5, the bellwether...
Short-term benchmark interest rates dipped anew at Monday’s auction, June 7, of the government IOUs at the Bureau of the Treasury. Investors lapped up the 91-day Treasury bills, with demand for the three-month government IOUs reaching P26.36 billion during Monday's auction of the...
Short-term benchmark interest rates moved slightly at Monday’s (May 24) auction.. The 91-day Treasury bills fetched an interest rate of 1.269 percent, marginally easing from the previous week’s 1.270 percent. Demand for the three-month government IOUs reached P16.96 billion, but the Bureau...
Benchmark interest rates dropped across the board at Monday's auction of short-term government debt papers. The yield on the 91-day Treasury bill, which banks use in pricing their loans, eased to 1.278 percent from 1.306 percent a week ago. The government accepted P7 billion...
The Bureau of the Treasury fully awarded bids for short-dated IOUs at Monday’s auction, May 3. The three-month, six-month and one-year Treasury bills fetched average rates of 1.306 percent, 1.629 percent and 1.863 percent, respectively—all lower than previous auction and secondary market...
The unprecedented borrowings since the government began community quarantine in March last year have added P2.3 trillion to the public debt, data from the Bureau of the Treasury showed on Monday, May 3. The total outstanding debt of the national government accelerated by 27 percent to P10.77...