After raising over half a trillion pesos from retail treasury bonds (RTBs) last week, the Marcos administration successfully borrowed ₱50 billion from separate sales of debt securities this week. During the sale of 10-year treasury bonds (T-bonds) on Tuesday, Aug. 19, the Bureau of the Treasury...
Driven by “very strong market demand,” the national government concluded its offer period for five-year retail treasury bonds (RTBs) last week, borrowing a total of ₱507.2 billion from both local and foreign lenders. Of the total, issued at a six-percent annual interest, ₱425.5 billion came...
Domestic investors locked in “sweet spot” medium-term bonds amid persistent external uncertainties, allowing the government to raise an initial ₱210 billion from retail treasury bonds (RTBs) on Tuesday, Aug. 5, as the offer period opened for local investors. During the launch of GBonds or...
The Marcos administration raised ₱20 billion from long-term debt sales, but at higher interest rates, as investors anticipate an upcoming retail treasury bond offering that could impact market demand. During the sale of three-year treasury bonds (T-bonds) on Tuesday, July 22, the Bureau of the...
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 Marcos administration has successfully borrowed ₱30 billion from the sale of long-term debt securities but with higher borrowing costs despite higher demand from domestic investors. During the sale of seven-year treasury bonds (T-bonds) on Tuesday, the Bureau of the Treasury (BTr) fully...
Despite lower demand from local investors, the Marcos administration has successfully borrowed its planned ₱30 billion through the sale of long-term debt securities at higher interest rates, amid reduced chances of US Federal Reserve rate cuts. At an auction on Tuesday, June 10, the Bureau of the...
The Marcos administration has borrowed its planned ₱30 billion from local lenders through the sale of long-term debt securities at lower interest rates, due to strong demand and expectations of further inflation slowdown. The Bureau of the Treasury (BTr) awarded the offered amount through the...
The issuance of GBonds, a variant of retail treasury bonds (RTBs), through e-wallet GCash by the national government has been postponed from December last year to the second half of 2025. National Treasurer Sharon P. Almanza said during a financial literacy seminar held last week in Milan, Italy,...
Long-term government debt yields fell on Tuesday, Feb. 11, amid expectations of a 25-basis-point cut in key borrowing costs by the Bangko Sentral ng Pilipinas (BSP) and easing U.S. Treasury yields. The Bureau of the Treasury (BTr) raised ₱30 billion ($540 million) through an auction of...
By DERCO ROSAL Interest rates on the national government’s long-term debt have increased due to a stronger dollar, potential inflation, and higher U.S. Treasury yields amid pre-election market speculation. On Tuesday, Oct. 29, the Bureau of the Treasury (BTr) successfully raised P15 billion...
By Derco Rosal Investor demand for the national government’s long-term debt dropped due to reduced chances of the US Federal interest rate cuts, strong job growth, weaker peso, rising inflation, and heightened geopolitical tensions. On Tuesday, Oct. 15, the Bureau of the Treasury (BTr)...
