The Marcos administration is set to offer Filipinos the opportunity to grow their hard-earned savings by investing at least P5,000 in the government’s upcoming retail Treasury (RTB) bond sale. The Bureau of the Treasury has announced that the government intends to raise more than P30 billion...
The Marcos administration managed to borrow P15 billion from Filipino investors. Despite the challenge of higher interest rates, the Bureau of the Treasury met its target of raising P15 billion through the sale of short-term IOUs, or Treasury bills (T-bills), on Monday, Feb. 5. The total bids...
The Marcos administration amassed a total of P1.2 trillion in new debt during its first full-year in Malacañang. Data from the Bureau of the Treasury showed that the national government concluded 2023 with a total outstanding debt of P14.616 trillion, nine percent or P1.197 trillion higher...
The government successfully raised funds through the sale of short-term debt papers despite higher interest rates caused by recent volatility in the US dollar and peso. The 91-day Treasury bill saw an increase to an average of 5.398 percent compared to the previous week's 5.306 percent, yet the...
The Department of Finance (DOF) announced that the national government plans to borrow from small Filipino investors in the first three months of the year to cover its budget shortfall. In statement on Friday, Jan. 19, the DOF has stated that the Bureau of the Treasury is preparing to issue another...
Finance Secretary Ralph G. Recto was briefed by the Bureau of the Treasury about the country’s strategic financing program, which includes the government’s plan to borrow over P2 trillion this year. The Department of Finance (DOF) reported that Officer-in-Charge National Treasurer Sharon P....
The Bureau of the Treasury made a full award of the treasury bills (T-bills) it offered on Monday on the back of higher rates. At an auction on Jan. 15, the national government raised P15 billion as planned via the T-bills it auctioned off as total bids reached P43.188 billion, more than twice the...
The national government decided to raise its planned domestic borrowings, despite the higher in interest rates for two tenors, which was driven by the higher global oil prices. At an auction on Monday, Jan. 8, the Marcos administration sold short-term IOUs worth P19 billion, exceeding the initial...
The government made a full borrowing on the new three-year treasury bonds it auctioned off on Wednesday amid a lower interest rate. At an auction, the Bureau of the Treasury successfully raised the planned P30 billion through the sale of three-year debt papers. The total bids received amounted to...
As the new year approaches, the Bureau of the Treasury reported that the national government's debt remained below the full-year target set by the Marcos administration for 2023. At end-November last year, the national government's outstanding debt stood at P14.509 trillion, still P114 billion...
The national government sold all the short-term debt papers it offered on the back of higher interest rates for the second time since it declined in November last year. On Tuesday, Jan. 2, the Bureau of the Treasury held a successful auction for Treasury bills (T-bills), raising P17 billion, the...
As the year drew to a close, the Marcos administration had ramped up the government's borrowing, particularly in the domestic market, data from the Bureau of the Treasury showed. The national government’s gross borrowings surged by 28 percent to P125.5 billion in November last year from P97.9...
