The Bureau of the Treasury clarified that the principal debt payment earmarked by the Department of Budget and Management (DBM) next year is not part of President Marcos’ proposed national budget. National Treasurer Rosalia V. De Leon said on Tuesday, Aug. 23, that budget for principal payment,...
Small Filipino savers wanting to take a piece of President Marcos’ first retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury has launched on Tuesday, Aug. 23, the government’s new 5.5-year RTB, raising an initial P162.72...
Benchmark yields for short-term loans went up after the Bangko Sentral ng Pilipinas (BSP) delivered another large interest rate hike last week. At Monday's auction of Treasury bills on Aug. 22, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, rose to 2.070 percent...
Fans were quick to push Jane de Leon among trending topics on social media after the actress donned for the very first time her version of the iconic red and gold Darna costume as seen on Friday’s episode of the ongoing series. Many were impressed. Some noted how Jane practically “owned” it....
The benchmark interest rate on debt falling due in almost 10-years declined at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Aug. 16. The interest rate of the 10-year IOUs, with a remaining life of nine-years and 10 months, fetched 5.813 percent, lower than the...
The Cannes Film Festival Palme D'Or-winning film features Filipino actress Dolly de Leon After its victory at the Cannes Film Festival 2022, “Triangle of Sadness” is coming to Philippine cinemas soon. Giving Filipino cinephiles a glimpse of the film is TBA Studios as it releases the official...
Yields on short-term government borrowings increased as investors expect the Bangko Sentral ng Pilipinas (BSP) to raise key policy rates this week. At an auction of Treasury bills on Monday, Aug. 15, the bellwether 91-day rate, which banks use in pricing their loans, inched up to 1.874 percent from...
Interest rates for long-term Philippine debt papers declined despite weaker economic growth performance in the second quarter. At a Bureau of the Treasury auction on Tuesday, Aug. 9, yield on the reissued 10-year bonds with a remaining life of six years and five months fetched at 5.791 percent,...
Yields on short-term government borrowings were mixed as investors watch for clues concerning future Bangko Sentral ng Pilipinas and US Federal Reserve’s decisions. At an auction of Treasury bills on Monday, Aug. 8, the bellwether 91-day rate, which banks use in pricing their loans, dropped to...
The national government borrowed more than expected after interest rate for long-term Philippine debt papers declined. At a Bureau of the Treasury auction on Tuesday, Aug. 2, the coupon rate for the 3.5-year Treasury bond fetched at 5.250 percent, below the secondary market rate of 5.489 percent....
Benchmark interest rate for long-term debt papers declined allowing the national government to raise its borrowing program and take advantage of the favorable yield. At the Bureau of the Treasury auction on Tuesday, July 26, the yield for the reissued 25-year Treasury bond, with a remaining life of...
Benchmark interest rates for short-term debt papers posted mixed results as investors await President Marcos’ first state of the nation address (SONA). At Monday's auction of Treasury bills on July 25, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, dropped to...