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,...
The government increased its borrowing from local creditors to take advantage of strong bids, despite the generally higher yields. The Bureau of the Treasury offered P20 billion in three-, six-, and 12-month IOUs. After reviewing the bids, the auction committee accepted additional offers for the...
Investors pressed for an increase in Philippine benchmark interest rates for most short-term loans a day before the release of inflation data, which is expected to pick up due to the effects of Typhoon Carina. At the Treasury Bureau’s auction on Monday, Aug. 5, the national government...
The Marcos administration was able to borrow more than planned during its auction on Monday, July 15, despite interest rates rising anew. The Bureau of the Treasury increased the size of its offering for 182-day Treasury bills (T-bills) to P9.1 billion, raising a total of P22.6 billion compared to...
The national government raised P20 billion at higher rates from the auction of Treasury bills (T-bills). At an auction on Monday, July 8, the Bureau of Treasury made a full award of the T-bills as planned as total bids reached P43.815 billion, more than twice the total offering. The Treasury made a...
The Marcos administration plans to raise P630 billion in the third quarter of the year by issuing treasury bills and bonds. Based on the Bureau of the Treasury memorandum, the government aims to secure P260 billion through treasury bills auctions scheduled from July to September. The bureau also...
The national government successfully sold its short-term debt papers as most benchmark yields fell after rising for two-straight weeks. On Monday, June 10, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P42.385 billion,...
Short-term loans moved sideways amid a slightly stronger peso exchange rate on Monday, June 3, according to the Bureau of the Treasury (BTr). The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 5.698 percent from 5.719 percent a week ago. The government...
