Debt servicing of the national government declined in the first month of the year due to lower amortization payments, data from the Bureau of the Treasury showed. The Marcos administration’s debt payments reached P47.83 billion in January 2023, down 78 percent from P215.84...
The Bureau of the Treasury borrowed partially despite the drop in benchmark yields for short-term loans. At Monday's auction of Treasury bills on April 3, the national government raised P12.8 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate decreased to 5.045...
The national government’s budget deficit increased at a snail’s pace in February as public spending unchanged on the back of lower collections of the Bureau of Internal Revenue’s (BIR). Data from the Bureau of the Treasury showed Monday, April 3, that the national government’s fiscal deficit...
The Bureau of the Treasury lowered its domestic borrowing program for April amid a rising interest rate environment. Based on the Treasury advisory on Wednesday, March 29, the April financing plan of the Marcos administration is set at P160 billion, lower than this month’s program of P200...
The Marcos administration borrowed less from creditors in the first month of the year, data from the Bureau of the Treasury showed. Gross financing of the national government amounted to P366.86 billion in January, 16 percent lower compared with P439.13 billion in the same month last year, document...
Benchmark yields for short-term loans rose, forcing the Bureau of the Treasury to borrow less than programmed. At Monday's auction of Treasury bills on Mach. 20, the national government raised P10.636 billion, below the P15 billion plan for the week. The 91-day Treasury bill rate...
Debt servicing of the national government increased last year year due to higher interest payments, data from the Bureau of the Treasury showed. The Marcos administration’s debt payments reached P1.293 trillion from January to December 2022, up seven percent from P1.204 trillion paid out...
Government borrowings were slashed by P1 trillion in the first eight months of the year owing to lower financing both from local and foreign creditors, data from the Bureau of the Treasury revealed. Based on the report by the Treasury bureau, the national government’s gross borrowings dropped 42...
The benchmark interest rate on debt falling due in almost five years drop at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Nov. 29. The interest rate of the 20-year IOUs, with a remaining life of four-years and nine-months, fetched 6.568 percent, lower than the...
Benchmark yields for short-term loans jumped after the central bank raised its policy rates last week, forcing the Bureau of the Treasury to partially borrow on Monday, Feb. 20. At an auction of Treasury bills, the national government raised a total of P13.05 billion, below the P15 billion program....
Small Filipino investors swamped the government’s latest retail bond sale, prompting the Bureau of the Treasury to end the offer period ahead of schedule after orders exceeded the target. In a statement on Thursday, Feb. 16, National Treasurer Rosalia V. De Leon said the bureau raised P283.71...
The Bureau of the Treasury closed its retail bond offering ahead of schedule after demand reached more than government’s target. National Treasurer Rosalia V. De Leon announced on Wednesday, Feb. 15, that the bureau raised P283.71 billion through the sale of 5.5 year retail treasury bond...
