The national government rejected all bids for its short- and long-term debt paper offerings after investors sought for higher returns. At Wednesday’s dual auctions, Nov. 2, the Bureau of the Treasury failed to borrow P50 billion from the sale of three-, and six-months notes as well as one-, and...
The Bureau of the Treasury borrowed less than expected after yield on long-term debt papers rose. The interest rate on the reissued 25-year Treasury bonds with a remaining life of 12 years and 11 months settled at 7.887 percent, above the prevailing secondary market rates of 7.233 percent to 7.368...
The national government borrowed P35 billion from the domestic market despite higher returns. The benchmark coupon rate on debt falling due in 10-years rose to 7.5 percent from 6.75 percent when same instrument was sold in last Sept. 13. Likewise, the yield is slightly higher than the 7.202 percent...
The national government partially borrowed on Monday, Oct. 10, after benchmark yields for short-term loans moved sideways. At Monday's auction of Treasury bills, the Bureau of the Treasury awarded only P3.965 billion, well below the programmed P15 billion. National Treasurer Rosalia V. De Leon said...
The Marcos administration completed its debut in the overseas debt markets that raised $2 billion in new borrowings, describing it as a vote of confidence by foreign investors in the new government, the Department of Finance (DOF) said. The Bureau of the Treasury on Thursday, Oct. 6, concluded the...
The Bureau of the Treasury made another partial award of its long-term debt papers due to higher returns. At Tuesday’s auction on Oct. 4, the reissued Treasury bonds, with a remaining life of two years and six months, fetched an average interest rate of 5.746 percent, higher than the 5.551...
The national government failed to borrow through the sale of short-term notes from the domestic market after investors sought for higher returns. At Monday's auction of Treasury bills on Oct. 3, the bureau did not award bellwether the 91-day IOUs, which banks use in pricing their loans, after...
Investors continued to ask for higher interest rates from the government, prompting the Bureau of the Treasury to reject offers for the three-month and one-year debt papers. At an auction of Treasury bills on Tuesday, Sept. 27, offers for the bellwether 91-day rate, which banks use in pricing their...
The benchmark interest rate on debt falling due in almost seven-years rose at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Sept. 20. The interest rate of the seven-year Treasury bonds, with a remaining life of six-years and eight months, fetched 6.588 percent. The...
The benchmark interest rate on debt falling due in 10-years declined at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Sept. 13. The coupon rate of the new 10-year Treasury bonds fetched at 6.75 percent, lower than the 7.75 percent when same instrument was sold in June...
Philippine benchmark interest rates for short-term loans rose prompting the Bureau of the Treasury to only borrow partially. On Monday, Sept. 12, auction of Treasury bills, the government rejected all bids for three-month IOUs. Likewise, the Treasury bureau failed to borrow through the sale of...
The Bureau of the Treasury has scaled down its domestic borrowing program for September. According to an online advisory released on Monday, Aug. 30, the Treasury said it plans to borrow P200 billion from local creditors next month, lower compared with the P215 billion program in August. The bureau...
