While short-dated treasury bills (T-bills) will still be offered from July to September, the national government will also issue long-term retail debt instruments amounting to around ₱200 billion within the third quarter of 2025. Department of Finance (DOF) Secretary Ralph G. Recto told reporters...
The government has once again exceeded its ₱25-billion borrowing target, raising ₱28.6 billion from short-term debt papers, as cooling inflation and growing expectations of a Bangko Sentral ng Pilipinas (BSP) rate cut sustained investor demand and pushed yields lower across all tenors. At the...
The Bureau of the Treasury (BTr) borrowed ₱25 billion through short-dated T-bills on Monday, April 21, with a mixed auction in which shorter tenors commanded higher rates from local creditors. The BTr awarded to government securities eligible dealers (GSEDs) ₱8 billion each in the benchmark 91-...
Domestic creditors flocked to Monday’s treasury bills (T-bills) auction, snapping up government securities—considered safe havens—at yields that have changed little since United States (US) President Donald Trump announced a 17-percent reciprocal tariff on Philippine imports last week. At the...
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 Short-term government debt interest rates increased anew for the fifth consecutive week due to strong investor demand, driven by expectations of future rate cuts, US inflation concerns, and a possible Trump win. A Trump win in the US elections is seen to result in an increase in US...
By DERCO ROSAL A weaker peso, coupled with higher import prices, cautious US Federal Reserve signals, and the recent reserve ratio cut, pushed short-term government debt interest rates higher for four consecutive weeks. At Monday’s auction, Oct 28, the Bureau of the Treasury (BTr) raised...
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...
Interest rates on short-term government debt continued to increase, driven by a weaker peso and external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts. At Monday’s auction, Oct 14, the Bureau of the Treasury (BTr) successfully raised P20 billion...
By DERCO ROSAL Interest rates on short-term government debt increased despite a four-year low inflation rate in September, driven by external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts. At Monday’s auction, Oct 7, the Bureau of the Treasury...
Short-term government yields declined further amid strong investor interest, fueled by rising expectations of central bank interest rate cuts and reserve requirement reductions. At Monday’s auction, Sept 30, the Bureau of the Treasury (BTr) successfully raised P20 billion through T-bills, with...
The Marcos administration plans to raise P310 billion in the fourth quarter through the sale of treasury bills and bonds. According to a memorandum from the Bureau of the Treasury, the government plans to secure P220 billion through treasury bill auctions scheduled from October to December,...
