The Bureau of the Treasury announced that the national government is set to borrow P585 billion from the domestic market in the first three months of next year to cover its budget shortfall. Based on the Treasury’s quarterly local borrowing plan, the Marcos administration plans to issue P195...
The Bureau of the Treasury Bureau said the government plans to enable retail investors to access tokenized bonds in the future to advance financial inclusion and strengthen market liquidity. Deputy Treasurer of the Philippines Erwin D. Sta. Ana said the issuance of tokenized treasury bonds (TTBs)...
Due to the holiday season, the national government has scaled back its domestic borrowing plan for the month of December. Data from the Bureau of the Treasury showed that the Marcos administration intends to borrow just P60 billion next month, a substantial decrease from November's P225 billion....
Renewable energy firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, is scheduling the second tranche of its ASEAN green bond offering with target proceeds of P10 billion that will continually bankroll the company’s projects. In a disclosure to the...
The national government has fully awarded the reissued 20-year Treasury bonds (T-bonds) amid higher demands. On Tuesday, Nov. 21, the Bureau of the Treasury raised P30 billion through an auction of reissued T-bonds with a remaining life of 15 years and two months. Total tenders received were...
The country’s first-ever tokenized treasury bonds (TTBs) will promote financial inclusion and broader participation in the bond market, Department of Finance Secretary Benjamin E. Diokno said on Monday, Nov. 20. During the Bureau of the Treasury’s (BTr) 126th anniversary, Diokno commended the...
The Bureau of the Treasury has surpassed its borrowing target with the sale of the government's first tokenized bonds. Deputy National Treasurer Erwin D. Sta. Ana reported that the government's sale of one-year tokenized Treasury bonds reached P15 billion, surpassing the initially planned amount of...
The Bureau of the Treasury has decided to cancel its short-term borrowing plan for next week to give way for the government's maiden offering of blockchain-backed debt instruments. In a notice signed by Deputy National Treasurer Erwin D. Sta. Ana, the bureau has announced the cancellation of...
In a move towards embracing digitalization, the Bureau of the Treasury is set to launch its maiden tokenized bond issuance, aiming to raise at least P10 billion. In a statement, the Treasury said these digital peso-denominated IOUs will be offered with a minimum denomination of P10 million, which...
The Bureau of the Treasury made a full award at Tuesday’s auction, Nov. 14, of the reissued 10-year debt paper at a lower interest rate. The government’s Treasury bonds (T-bonds) maturing Aug. 17, 2033 averaged at 6.781 percent, significantly lower compared with 6.954 percent fetched in the...
The national government failed to sell all its short-term debt papers after banks demanded for higher returns following the Israel-Hamas war that led investors to favor safer investment options. At Monday's auction of Treasury bills on Oct. 9, the national government raised a total of P12.518...
The government has made a full award of the reissued seven-year IOUs despite higher interest rates. On Tuesday, Nov. 7, the Bureau of the Treasury raised P30 billion through an auction of reissued Treasury bonds with a remaining life of six-years and seven-months. The bonds were awarded at an...
