Yields on shorter-dated government IOUs mostly edged higher for the ninth consecutive week, driven by expectations of rising inflation and a strong US dollar. The Bureau of the Treasury successfully raised P15 billion from its latest Tresury-bill auction that attracted P57.0 billion in...
By DERCO ROSAL Interest rates on short-term government debt continued to increase for three consecutive weeks due to falling oil prices, relatively strong investor demand, and anticipation of the reserve requirement ratio (RRR) cut taking effect on Oct. 25. At Monday’s auction, Oct 21, the Bureau...
The Marcos administration intends to secure funding exceeding half a trillion pesos from the local market in second quarter to cover the government's budget shortfall. Based on the Bureau of the Treasury's borrowing plan, a total of P585 billion is projected to be sourced from the issuance of both...
The Bureau of the Treasury has fully awarded bids for short-dated IOUs at Monday’s auction, August 23. The 91-, 182-, and 364-day Treasury bills fetched average rates of 1.077 percent, 1.408 percent and 1.612 percent, respectively. All tenors were lower than secondary market rates. The auction...
Benchmark interest rates increased anew across the board at an auction of short-term government debt papers on Monday, July 19. The yield on the 91-day Treasury bill, which banks use in pricing their loans, moved up to 1.082 percent from 1.068 percent a week ago. The government accepted...
The yields on short-term treasury bills slightly slid lower across the board amid stable inflation outlook and strong liquidity, the Bureau of the Treasury said on Monday, June 21. Total tenders reached P15.75 billion for the P5 billion worth of 91-day Treasury bills on offer as...
Short-term benchmark interest rates dipped anew at Monday’s auction, June 7, of the government IOUs at the Bureau of the Treasury. Investors lapped up the 91-day Treasury bills, with demand for the three-month government IOUs reaching P26.36 billion during Monday's auction of the...
Short-term benchmark interest rates moved slightly at Monday’s (May 24) auction.. The 91-day Treasury bills fetched an interest rate of 1.269 percent, marginally easing from the previous week’s 1.270 percent. Demand for the three-month government IOUs reached P16.96 billion, but the Bureau...
Benchmark interest rates dropped across the board at Monday's auction of short-term government debt papers. The yield on the 91-day Treasury bill, which banks use in pricing their loans, eased to 1.278 percent from 1.306 percent a week ago. The government accepted P7 billion...
The Bureau of the Treasury fully awarded bids for short-dated IOUs at Monday’s auction, May 3. The three-month, six-month and one-year Treasury bills fetched average rates of 1.306 percent, 1.629 percent and 1.863 percent, respectively—all lower than previous auction and secondary market...
The Bureau of the Treasury fully awarded P25 billion as rates for three-and six-month IOUs rose, while one-year yield slightly dropped. The benchmark 91-day Treasury bills fetched an average rate of 1.325 percent, up from 1.295 percent last week, while the 182-day T-bills averaged at 1.695 percent,...
The Bureau of the Treasury received mixed results at Monday’s (April 5) auction, but allowed the government to raise P25 billion as planned. Interest rates for three-month treasury bills increased to 1.295 percent from 1.269 percent in the previous week, while the six-month notes...
