Investors pressed for an increase in Philippine benchmark interest rate for a long-term loan. This was manifested at the Treasury's bond auction on Tuesday, Dec. 7 where government rejected bids for the 10-year notes as investors sought higher returns for buying those securities. Total tenders...
Short-term benchmark interest rates moved sideways amid Omicron threat. At the Bureau of the Treasury auction on Monday, Dec. 6, yields on three- and six-month debt papers went down, while the interest rate for the one-year IOU slightly inched up. “Bias continues on short end with Omicron...
Leon Gallery’s Kingly Treasures, featuring the works of the likes of Betsy Westerndorp, Gus Albor, Jose Joya, Norberto Carating, and Juvenal Sansó, to benefit the ultra-poor FIGHT DESTITUTION WITH ART From left: Artworks from Leon Gallery’s Kingly Treasures, featuring the works of the...
Benchmark yields moved sideways amid expectations of higher interest rates following the US Federal Reserve’s decision to begin its stimulus tapering. At Monday's auction, Nov. 29, the 91-day Treasury bill rate, which banks use in pricing their loans, slightly went down to 1.164 percent from...
Gov’t borrows P360 billion from small investors By Chino S. Leyco The Duterte government completed its borrowing from small investors through the sale of retail Treasury bonds (RTB), the Bureau of the Treasury announced. In a statement, Monday, Nov. 29, the Treasury said the government sold...
The Bureau of the Treasury has scaled down its domestic borrowing program for December due to strong demand for the ongoing retail bond offering and fewer working days. National Treasurer Rosalia V. de Leon said on Thursday, Nov. 25, that the national government plans to borrow only P70 billion...
Bert de Leon Seasoned director Bert de Leon has passed away. There are no details yet regarding the actual cause but he has endured several illnesses of late including a bout with COVID-19. Netizens wrote messages of condolences and sympathy on his Facebook today, Nov. 21. Noli de Castro daughter,...
Seen as one of today’s legends in the local entertainment industry, veteran television director Bert de Leon, sadly, passed away. Described by his colleagues as someone who was easy to work with, Bert was best known for being the former director of GMA’s long-running gag show “Bubble Gang,”...
Melissa shares her journey and inspires others with her spirituality Melissa de Leon-Joseph is known to many as a versatile actress and host of popular TV programs in the early 2000s. In 2005, her life took a dramatic turn. Melissa discovered a lump in her breast. Her doctor removed the lump, which...
Time flies fast, especially when you're a parent. Such is the case of new parents Mccoy de Leon and Elisse Joson who became parents recently to their baby girl Felize. Parents Elisse and Mccoy celebrate seven months of parenthood Now celebrating their seventh month as parents, they threw an...
Small Filipino savers can now take a piece of the government's latest Retail Treasury Bond (RTB) sale. Bureau of the Treasury office The Bureau of the Treasury has launched an offering of five-and-a-half-year RTBs that fetched a coupon rate of 4.625 percent. The offer period runs until Nov. 26,...
Mc Coy De Leon as teen Isko Domagoso “Yorme: The Isko Domagoso Story” with all the songs and music written, and the movie, by director Joven Tan is all set to bring to the silver screen, the aspirational and inspirational life of Francisco Domagoso, popularly known as Isko Moreno. Director...