Yields on shorter-dated government IOUs mostly edged higher for the ninth consecutive week, driven by expectations of rising inflation and a strong US dollar. The Bureau of the Treasury successfully raised P15 billion from its latest Tresury-bill auction that attracted P57.0 billion in...
The Marcos administration borrowed more from local and foreign sources in the first 10 months of the year to bridge the government's budget deficit. Data from the Bureau of the Treasury showed that the national government's gross financing rose by 23 percent from January to October 2024 to P2.429...
The Marcos administration posted a fiscal surplus of P6.3 billion in October, driven by increased revenue collection and slower growth in government spending, the Bureau of the Treasury reported. In a statement, the Treasury said the rare budget surplus marked a turnaround from the P34.4 billion...
Concerns about rising U.S. Treasury yields and inflation, linked to potential protectionist policies under a Trump administration, have led to an increase in short-term government debt interest rates for the sixth consecutive week, despite a slight decline in investor demand. During the auction on...
By DERCO ROSAL The government’s debt stock is nearing the P16 trillion threshold, driven by continued borrowing from both domestic and foreign creditors. Data from the Bureau of the Treasury showed that the national government’s total outstanding debt reached P15.89 trillion at end-September,...
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 A weaker peso, coupled with higher import prices, cautious US Federal Reserve signals, and the recent reserve ratio cut, pushed short-term government debt interest rates higher for four consecutive weeks. At Monday’s auction, Oct 28, the Bureau of the Treasury (BTr) raised...
Additional revenues generated by the national government from privatization of its idle assets jumped 472.5 percent to P3.12 billion as of end-September. The latest Bureau of the Treasury (BTr) data on Thursday, Oct. 24, showed privatization proceeds almost quintupled from P544.88 million in the...
The Bureau of the Treasury (BTr) reported that the national government's budget deficit narrowed to P970.2 billion for the first nine months due to increased revenue collections outpacing spending growth. The total fiscal deficit from January to September was also 9.08 percent below the P1.1...
By DERCO ROSAL Interest rates on short-term government debt continued to increase for three consecutive weeks due to falling oil prices, relatively strong investor demand, and anticipation of the reserve requirement ratio (RRR) cut taking effect on Oct. 25. At Monday’s auction, Oct 21, the Bureau...
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)...
Interest rates on short-term government debt continued to increase, driven by a weaker peso and external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts. At Monday’s auction, Oct 14, the Bureau of the Treasury (BTr) successfully raised P20 billion...
