Despite lower demand from local investors, the Marcos administration has successfully borrowed its planned ₱30 billion through the sale of long-term debt securities at higher interest rates, amid reduced chances of US Federal Reserve rate cuts. At an auction on Tuesday, June 10, the Bureau of the...
The Marcos administration has borrowed its planned ₱30 billion from local lenders through the sale of long-term debt securities at lower interest rates, due to strong demand and expectations of further inflation slowdown. The Bureau of the Treasury (BTr) awarded the offered amount through the...
The issuance of GBonds, a variant of retail treasury bonds (RTBs), through e-wallet GCash by the national government has been postponed from December last year to the second half of 2025. National Treasurer Sharon P. Almanza said during a financial literacy seminar held last week in Milan, Italy,...
Following the government’s recent massive ₱300 billion Treasury note issuance, the national government has secured long-term debt at higher interest rates, reflecting investor adjustments to reduced peso liquidity and lingering global inflation concerns. On Tuesday, April 29, the Bureau of the...
The Bank of the Philippine Islands, the Ayala Group’s financial services arm, is planning to raise ₱5 billion from a planned offering and issuance Peso-denominated fixed-rate BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (BPI SINAG Bonds). In a disclosure to the Philippine Stock...
Looming Trump tariff hikes dampened investor demand, driving up interest rates on long-term government bonds. On Tuesday, March 4, the Bureau of the Treasury (BTr) borrowed ₱30 billion through the sale of reissued five-year bonds. Bids totaled ₱56.82 billion, nearly double the offered...
Interest rates on long-term government bonds climbed as investor appetite weakened due to concerns over US inflation risks and fewer US Federal Reserve rate cuts despite recent domestic policy boosts. On Tuesday, Feb. 25, the Bureau of the Treasury (BTr) successfully raised ₱25 billion through...
Strong demand for government long-term debt papers drove yields lower, fueled by expectations of central bank interest rate cuts and easing US Treasury yields. On Tuesday, Feb. 18, the Bureau of the Treasury (BTr) successfully raised ₱30 billion through the auction of reissued 10-year bonds....
Long-term government debt yields fell on Tuesday, Feb. 11, amid expectations of a 25-basis-point cut in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) and easing U.S. Treasury yields. The Bureau of the Treasury (BTr) raised ₱30 billion ($540 million) through an auction of...
By DERCO ROSAL Interest rates on the national government’s long-term debt have increased due to a stronger dollar, potential inflation, and higher U.S. Treasury yields amid pre-election market speculation. On Tuesday, Oct. 29, the Bureau of the Treasury (BTr) successfully raised P15 billion...
By Derco Rosal Investor demand for the national government’s long-term debt dropped due to reduced chances of the US Federal interest rate cuts, strong job growth, weaker peso, rising inflation, and heightened geopolitical tensions. On Tuesday, Oct. 15, the Bureau of the Treasury (BTr)...
The national government fully awarded Treasury bonds (T-bonds), driven by strong investor interest, lower interest rates from recent reserve requirement cuts, and slowing inflation. On Tuesday, Oct. 1, the Bureau of the Treasury (BTr) successfully raised P15 billion through the auction of reissued...