The Marcos administration is planning to borrow P200 billion from domestic creditors in the first month of next year to finance the government’s budget deficit, data from the Bureau of the Treasury showed. Based on a Treasury memorandum posted on its website, the national government has raised...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on Nov. 28, the bellwether 91-day Treasury bill rate dropped to 4.205 percent from 4.375 percent last week. This, however, is higher than the...
Benchmark yields for short-term loans moved sideways, prompting the Bureau of the Treasury to partially borrow. At Monday's auction of Treasury bills on Nov. 21, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, dropped to 4.375 percent from 4.464 percent last week....
Benchmark yields for short-term loans went up ahead of the Bangko Sentral ng Pilipinas' (BSP) policy meeting. At Monday's auction of Treasury bills on Nov. 14, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, rose to 4.464 percent from 4.350 percent last week. The...
Benchmark yields for short-term loans went up after the Bangko Sentral ng Pilipinas (BSP) delivered another large interest rate hike last week. At Monday's auction of Treasury bills on Aug. 22, the bellwether 91-day Treasury bill rate, which banks use in pricing their loans, rose to 2.070 percent...
Yields on short-term government borrowings were mixed as investors watch for clues concerning future Bangko Sentral ng Pilipinas and US Federal Reserve’s decisions. At an auction of Treasury bills on Monday, Aug. 8, the bellwether 91-day rate, which banks use in pricing their loans, dropped to...
Philippine benchmark interest rates for short-term loans jacked up following the Bangko Sentral ng Pilipinas’ (BSP) surprise off-cycle move last week, along with expectations that the central bank could deliver more aggressive tightening. At Monday's auction...
The national government borrowed lower than programmed after Philippine benchmark interest rates for short-term loans rose on looming aggressive tightening. At Monday's auction of Treasury bills on July 11, the government sold only P13.16 billion worth of short-term IOUs, below the P15 billion...
Philippine benchmark interest rates for short-term loans rose amid expectations of higher inflation. At Monday's auction of Treasury bills on June 13, the bellwether 91-day T-bill rate, which banks use in pricing their loans, increased to 1.572 percent from 1.440 percent previously. The Bureau of...
Investors swarmed short-term government debt papers offer on Monday, June 6, as the Bureau of the Treasury partially awarded the one-year IOU at a higher interest rate. The yield on the 91-day Treasury bill, which banks use in pricing their loans, declined to 1.440 percent from 1.460 percent a week...
Benchmark interest rates rose across the board at Monday's auction of short-term government debt papers on the back of higher consumer prices. The yield on the 91-day Treasury bill, which banks use in pricing their loans, moved up to 1.531 percent from 1.272 percent a week ago. The government...
Lingering uncertainties over aggressive tightening in the US and domestically pushed up most of the interest rates for short-term Philippine debt papers. At the Bureau of the Treasury’s auction on Monday, May 2, the yield for the 91-year Treasury bill, which banks use to price their loans, went...
