The Marcos administration’s borrowings surged in May due to the government’s maiden offshore bond sale this year, data from the Bureau of the Treasury showed. According to the Treasury, gross financing rose by 77 percent to P259.33 billion in May from the P146.78 billion recorded in the same...
The Marcos administration plans to raise P630 billion in the third quarter of the year by issuing treasury bills and bonds. Based on the Bureau of the Treasury memorandum, the government aims to secure P260 billion through treasury bills auctions scheduled from July to September. The bureau also...
The government fully awarded bids for Treasury bills (T-bills) at Tuesday’s auction despite most benchmark yields climbing. The national government raised the programmed P15 billion. Demand across the board reached P40.3 billion The 91-day Treasury bill rate slightly declined to 5.666 percent...
The national government successfully sold its short-term debt papers as most benchmark yields fell after rising for two-straight weeks. On Monday, June 10, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P42.385 billion,...
Short-term loans moved sideways amid a slightly stronger peso exchange rate on Monday, June 3, according to the Bureau of the Treasury (BTr). The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 5.698 percent from 5.719 percent a week ago. The government...
Debt payments by the Philippine government breached the P1 trillion threshold in the first four-months of the year due to higher interest settlements. Data from the Bureau of the Treasury showed that the national government's debt servicing reached P1.15 trillion in January to April, or 32 percent...
The depreciation of the peso has not only driven up prices for imported goods for Filipino consumers but has also contributed to the substantial increase in the government's debt burden. According to the Bureau of the Treasury, the peso's “considerable” weakening, reaching a low point not seen...
The government's debt hit a record P15 trillion in April this year, driven by borrowings and the peso's weakening against the US dollar. Data released by the Bureau of the Treasury showed that the national government's outstanding debt surged by eight percent to P15.017 trillion as of April from...
Benchmark interest rates increased across the board at Monday's auction amid recent cautious signals from the US Federal Reserve, reducing the odds of a rate cut. The Bureau of the Treasury accepted the programmed P15 billion worth of bids. Investors were willing to buy more, as tenders reached...
The Bureau of the Treasury reported a decrease in borrowing by the Marcos administration from both domestic and foreign lenders in April this year. The total gross financing for the national government last month amounted to P89.2 billion, a 31 percent decrease compared to P129.9 billion in April...
The Bureau of the Treasury said that the Marcos administration recorded a budget surplus in April, albeit smaller than the previous year. According to the Treasury bureau's report on Thursday, May 23, the national government's fiscal surplus fell 36 percent to P42.7 billion from P66.8 billion in...
Short-term benchmark interest rates dipped amid less hawkish signals of policy rate cuts. At the Bureau of the Treasury's auction on Monday, May 20, the national government successfully raised P15 billion through the sale of 91-, 182-, and 364-day IOUs after investors sought lower returns for...
