While short-dated treasury bills (T-bills) will still be offered from July to September, the national government will also issue long-term retail debt instruments amounting to around ₱200 billion within the third quarter of 2025. Department of Finance (DOF) Secretary Ralph G. Recto told reporters...
With the Philippines being flagged as one of the developing countries that spent more than 10 percent of its income on debt repayments in 2023, the Department of Finance (DOF) argued that the fiscal strain stemming from mounting debt payments remains under control. “We’re managing it,” DOF...
The Marcos administration has borrowed ₱28.4 billion from domestic creditors through the sale of short-term debt on Monday, July 14—surpassing its target for a second straight week as investor demand strengthened amid lower borrowing costs due to heightened tariff-led global economic...
Government subsidies to state-run firms plummeted by 27 percent to ₱45 billion in the first five months of the year from ₱57 billion in the same period the previous year. This reduction comes as the Marcos administration in May continued to slash funding for major non-financial and financial...
The Marcos administration has successfully borrowed ₱30 billion from the sale of long-term debt securities but with higher borrowing costs despite higher demand from domestic investors. During the sale of seven-year treasury bonds (T-bonds) on Tuesday, the Bureau of the Treasury (BTr) fully...
The Marcos administration raised ₱28.4 billion from domestic investors in Monday’s sale of short-term debt, surpassing its target as demand remained firm, with investors attracted to the higher yields of Treasury bills (T-bills) compared to shorter offerings from the central bank. During the...
Despite some improvements in the national government’s debt payments in May, over half a trillion pesos was still slashed from total payments in the first five months of the year, resulting in a 42.4 percent decline by end-May. Data from the Bureau of the Treasury (BTr) showed that the Marcos...
The national government’s outstanding debt reached ₱16.92 trillion in May, setting a new record high as it neared the ₱17-trillion mark, from ₱16.75 trillion at end-April. According to the latest data reported by the Bureau of the Treasury (BTr), the one-percent, or ₱166.2-billion,...
Despite softer demand and higher costs, the Marcos administration successfully borrowed its planned ₱30 billion through the resale of long-term debt securities, following the tentative ceasefire in the Middle East and signals from the Bangko Sentral ng Pilipinas (BSP) of a potential rate cut by...
The national government’s planned borrowings for the third quarter of 2025 were reduced by ₱45 billion to ₱690 billion from ₱735 billion in the previous quarter, with a major downscaling in the sales of long-term debt securities. Signed by National Treasurer Sharon Almanza, two separate...
Due to the relatively lower borrowings from domestic lenders, the Marcos administration has reduced its gross borrowings to ₱1.33 trillion for the first five months of 2025, a decrease of ₱90 billion from last year’s ₱1.42 trillion. According to the Bureau of the Treasury (BTr), the...
The Marcos administration only borrowed ₱35.1 billion through long-term debt sales, falling short of its ₱40-billion target, as fiscal and debt concerns over the United States ' tax plan pushed up bond rates. At the auction on Wednesday, June 25, the Bureau of the Treasury (BTr) awarded...
