Benchmark interest rates moved sideways as investors tend to be concerned about a potential hawkish policy stance by the US Federal Reserve. At an auction of Treasury bills on Monday, April 18, the bellwether 91-day rate, which banks use in pricing their loans, dropped to 1.223 percent from 1.250...
Short-term benchmark interest rates dipped as global oil prices eased. At the Bureau of the Treasury’s auction on Monday, April 11, the yield on three-month papers, which banks use in pricing their loans, dropped to 1.250 percent from the 1.380 percent fetched during the previous week. The...
Baby Felize, the daughter of celebrity couple McCoy De Leon and Elisse Joson, recently turned one. The first time parents shared with fans a glimpse of how they celebrated their baby girl's birthday via salubong. According to 26-year-old Elisse, for some reason, Felize tried to stay up late. "Cause...
Many are asking reel and real couple McCoy de Leon and Elisse Joson relating their marriage plans. The two surprised fans late last year, introducing their daughter, Felize McKenzie, to the public. In an interview, the Kapamilya stars reiterated they're not in a rush to get married. "Actually...
After more than a month of partial award, the Bureau of the Treasury has finally made a full award of its short-term borrowing program as interest rates eased across the board. At Monday's auction, April 4, yields on short-term government debt papers declined, with the returns on the 91-day...
The lingering anticipation over higher borrowing costs in the US caused the Philippines' long-term benchmark interest rate to increase. At the Bureau of the Treasury auction on Tuesday, March 29, yield on 10-year debt papers rose to 6.092 percent from 4.875 percent when the same IOUs were auctioned...
Investors continued to press for an increase in Philippine benchmark interest rates for short-term loans. At Monday’s auction, March 28, the yield on the 91-day Treasury bill, which banks use in pricing their loans, rose to 1.587 percent from 1.536 percent a week ago. The government accepted P5...
The Duterte administration has “successfully” completed its three-tranche foreign commercial borrowing on the back of volatile financial markets overseas, the Bureau of the Treasury announced. The Treasury bureau said Tuesday, March 22, that the government raised $2.25 billion, or roughly P118...
Religious processions during the celebration of Lent and Holy Week will still be not allowed in the Diocese of Antipolo. Photo Diocese of Antipolo FB Antipolo Bishop Francisco De Leon made this clarification in a letter addressed to priests in his diocese. He cited the following as reasons why...
Lingering concerns over higher inflation pushed up the interest rate for long-term Philippine debt papers. At the Bureau of the Treasury auction on Tuesday, March 15, the yield for the reissued five-year Treasury bond went up to 4.669 percent from 4.012 percent last Jan. 11 when the IOU was last...
Following two consecutive weeks of failed domestic borrowings, the national government made a partial award of the short-dated debt papers despite still elevated interest rates. The Bureau of the Treasury raised P9.137 billion from auction of three-month, six-month and one-year IOUs, with total...
The Department of Finance (DOF) said the national government remains in good cash position despite recent failed domestic borrowings owing to high interest rates. Finance Secretary Carlos G. Dominguez III said Tuesday, March 8, that cash flow is not yet a problem for the government owing to P457.8...
