The Bureau of the Treasury reported that the Marcos administration's budget deficit fell well below the ceiling in the first nine months of the year due to higher-than-expected revenues. From January to September, the national government incurred a fiscal gap of P983.5 billion, 11 percent lower...
The government has made a full award of the reissued 10-year Treasury bonds (T-bonds) that fetched an average interest rate of 6.954 percent. On Tuesday, Oct. 24, the Bureau of the Treasury raised P30 billion through an auction of reissued T-bonds with a remaining life of nine-years and 10-months....
The national government failed to sell its short-term debt papers as investors pushed anew for higher returns for the fifth consecutive week. The national government fell short of raising its P15 billion target, managing to raise only P14.26 billion. The total bids received during the auction...
Government borrowing declined in August with fewer loans borrowed from local lenders, data from the Bureau of the Treasury showed. According to the Bureau of the Treasury, government borrowing in August amounted to P124.06 billion, lower by 7 percent than the P133.34 billion recorded in the same...
The government's portion of the income generated by the Philippine Amusement and Gaming Corp. (Pagcor) increased by 40 percent in the first eight months of the year. According to the Bureau of the Treasury's report, the government's gaming regulator and operator contributed P21.59 billion in...
The Bureau of the Treasury made a full-borrowing on Tuesday, Oct. 17, even though the interest rates on seven-year debt had risen amid expectations of tightening from the Bangko Sentral ng Pilipinas (BSP). During an auction, the government successfully raised the planned P30 billion through the...
The national government borrowed partially as banks demanded higher returns amid the Israel-Hamas conflict, which led to higher global crude oil prices. At Monday's auction of Treasury bills on Oct. 16, the national government raised a total of P11.947 billion, below the P15 billion program. Total...
The Bureau of the Treasury reported that digital platforms have tripled the amount of retail dollar bonds (RDBs) raised, in line with the government's digitalization program. In a statement, Sharon P. Almanza, Treasury bureau office-in-charge, said online order-taking platforms generated $2.56...
The government made a full award of the reissued 10-year debt papers it auctioned off on Tuesday at a lower interest rate. The Bureau of the Treasury (BTr) raised P30 billion as planned from the reissued ten-year bonds it offered on Tuesday. The bonds, which have a remaining life of five years and...
President Marcos' first retail dollar bond (RDB) sale successfully raised $1.26 billion, demonstrating a positive response from the public despite the current market conditions, the Department of Finance (DOF) said. During the Chat with SBED briefing on Friday, Oct. 6, Finance Secretary Benjamin E....
The Department of Finance (DOF) said the Marcos administration has successfully surpassed its target proceeds for the sale of onshore retail dollar bonds (RDBs). Finance Secretary Benjamin E. Diokno said on Tuesday, Oct. 3, that the Bureau of the Treasury has generated over $1.03 billion in funds...
The national government's debt rose by double digits last August, driven by higher borrowings from both local and foreign lenders, the Bureau of the Treasury reported. The government's outstanding debt reached P14.349 trillion as of August 2023, a 10 percent increase from P13.021 trillion in the...
