The national government recorded a budget surplus of ₱67.3 billion in April, marking a 57.5 percent jump from the same month last year, as tax collections rose by 7.8 percent—boosted by stronger revenue from corporate, personal income, and value-added taxes (VAT) collected by the Bureau of...
The national government has raised more than its offered amount of ₱25 billion through short-term debt papers, as demand from local creditors soared despite lower interest rates driven by expectations of further rate cuts in the coming months. At Monday’s auction on May 26, the Bureau of the...
The Marcos administration has successfully borrowed ₱30 billion from the sale of long-term debt securities, but borrowing costs climbed amid dampened creditor interest due to elevated US bond yields following Moody’s downgrade of its credit rating. At Tuesday’s auction, the Bureau of the...
The Marcos administration has successfully borrowed ₱25 billion from domestic lenders through short-term debt papers, as creditors moved to lock in relatively higher interest rates ahead of a possible reduction in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) at its policy meeting...
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...
