Short-term interest rates dropped at Monday’s (March 29) auction, as investors flocked to safe haven assets, the Bureau of the Treasury said. Yields for three- and six-months as well as one-year IOUs declined that allowed the government to raise P20 billion as planned. The 91-day Treasury bills...
About P94,589 is every living Filipino’s share of the national government debt as of February, that is P20,000 more. The Bureau of the Treasury reported on Monday, March 29, that the outstanding debt stock of the national government now stood at P10.405 trillion in February, or additional P2.24...
The Bureau of the Treasury decided to fully award the reissued 10-year bonds at Tuesday’s (March 23) auction, with a remaining term of nine-years and three-months, the reissued debt papers fetched an average rate of 4.614 percent. Total submitted bids amounted to P53.9 billion, nearly twice the...
Rates for short-dated debt instruments rose anew at Monday’s (March 22) auction, due to lingering concerns on higher inflation. The national government accepted the bids for the 91-day Treasury bills (T-bills) at 1.336 percent, higher compared with 1.232 percent last week. Yield for the 182-day...
At P14.1 billion The Duterte administration’s budget in January swung to deficit from surplus in the previous year as the coronavirus-induced economic crisis continued to drag-down the government’s tax collections. Data from the Bureau of the Treasury revealed on Wednesday, March 17, that the...
Yields of short-dated IOUs (treasury bills) continued to rise at Monday’s (March 15) Bureau of Treasury auction, Interest rate of three-month Treasury bills (T-bills) jumped to 1.232 percent from last week’s 1.139 percent, while six-months notes increased from 1.316 percent to P1.527 percent....
The Bureau of the Treasury made a full award at Tuesday’s auction yesterday (March 9), of seven-year debt paper despite higher interest rate. The government’s Treasury bonds (T-bonds) maturing May 2027 averaged at 3.732 percent, significantly higher compared with 2.791 percent fetched on...
Interest rates on Treasury bills rose across the board on Monday, (March 8), amid worries on accelerating inflation. But the Bureau of the Treasury made a full-award at an auction despite higher interest rates being sought by investors. The 91-day Treasury bills (T-bills) fetched an average...
The Duterte Administration has raised P463.3 billion from the latest offering of retail bonds targeted at local small investors, the Bureau of the Treasury announced on Thursday, March 4. National Treasurer Rosalia de Leon said that P411.8 billion of the total proceeds will be used for the...
The national government’s debt stock breached P10-trillion mark in January after its total obligations accelerated by P2.5 trillion amid aggressive borrowings to finance the country’s war chest against the coronavirus pandemic. The Bureau of the Treasury reported on Tuesday, March 2, that the...
The Duterte administration borrowed a record P2.74 trillion last year to bridge the ballooning budget deficit induced by the coronavirus pandemic, data from the Bureau of the Treasury showed. The national government’s gross borrowings accelerated by 170 percent in January to December last year to...
The government allowed rates of short-dated IOUs to increase at Monday’s (Feb. 22) auction, as the Bureau of the Treasury made a full award for its borrowing plan for this week. Yields of 91-, 182-, and 364-day Treasury bills (T-bills) rose across the board from last week’s levels. The...
