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...
The national government’s borrowing breached the P1-trillion mark in the first-quarter of the year as the Duterte administration takes advantage of low interest rates in bridging the wider gap between its expenditures and revenues. Data from the Bureau of the Treasury showed that gross borrowings...
The national government’s budget deficit more than doubled last month amid lower revenues and higher spending, data from the Bureau of the Treasury showed. The government incurred a fiscal gap of P191.4 billion in March, higher by 167 percent compared with P71.6 billion in the same month last...
Less a month since its return to Japan’s debt market, the Duterte administration announced its second foreign commercial borrowing for the year through a euro-denominated bond sale. In a notice released by the Bureau of the Treasury on Monday, April 19, the government said the Philippines...
The Bureau of the Treasury fully awarded P25 billion as rates for three-and six-month IOUs rose, while one-year yield slightly dropped. The benchmark 91-day Treasury bills fetched an average rate of 1.325 percent, up from 1.295 percent last week, while the 182-day T-bills averaged at 1.695 percent,...
The Bureau of the Treasury raised P35 billion through the sale of its newly-issued bonds at an auction on Tuesday, April 6. The coupon rate for the five-year Treasury bonds settled at 3.375 percent. The bureau said this rate is in line with the coupon-setting convention and below prevailing...
The Bureau of the Treasury received mixed results at Monday’s (April 5) auction, but allowed the government to raise P25 billion as planned. Interest rates for three-month treasury bills increased to 1.295 percent from 1.269 percent in the previous week, while the six-month notes...
The Bureau of the Treasury (BTr) has covered trillions worth of non-financial government assets such as roads, school buildings and power plants for inclusion in the National Asset Registry System (NARS), the Department of Finance (DOF) said. National Treasurer Rosalia de Leon said the...
The Duterte administration has successfully returned to the Japanese debt market, raising about P24.2 billion to fund the government’s coronavirus response and support the country’s economic recovery plan. The Bureau of the Treasury announced on Tuesday, March 30, that the national...
