Metropolitan Bank & Trust Co. (Metrobank) has been recognized by the Bureau of the Treasury (BTr) as among the 10 Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024. In a statement, the bank said it brings home the title for the third consecutive year in...
The Marcos administration has mandated banks to oversee the Philippines’ first Islamic bond sale, aiming to raise at least half a billion dollars to aid in funding the government's budget shortfall. Based a document released by the Department of Finance (DOF), the national government is preparing...
The national government has fully awarded the reissued 20-year Treasury bonds (T-bonds) amid higher demands. On Tuesday, Nov. 21, the Bureau of the Treasury raised P30 billion through an auction of reissued T-bonds with a remaining life of 15 years and two months. Total tenders received were...
The country’s first-ever tokenized treasury bonds (TTBs) will promote financial inclusion and broader participation in the bond market, Department of Finance Secretary Benjamin E. Diokno said on Monday, Nov. 20. During the Bureau of the Treasury’s (BTr) 126th anniversary, Diokno commended the...
The Bureau of the Treasury has surpassed its borrowing target with the sale of the government's first tokenized bonds. Deputy National Treasurer Erwin D. Sta. Ana reported that the government's sale of one-year tokenized Treasury bonds reached P15 billion, surpassing the initially planned amount of...
The Bureau of the Treasury has decided to cancel its short-term borrowing plan for next week to give way for the government's maiden offering of blockchain-backed debt instruments. In a notice signed by Deputy National Treasurer Erwin D. Sta. Ana, the bureau has announced the cancellation of...
In a move towards embracing digitalization, the Bureau of the Treasury is set to launch its maiden tokenized bond issuance, aiming to raise at least P10 billion. In a statement, the Treasury said these digital peso-denominated IOUs will be offered with a minimum denomination of P10 million, which...
The Philippine Amusement and Gaming Corp. (Pagcor) said it remitted additional dividends to the Bureau of the Treasury to bolster the government’s budget for various programs. In a statement, Pagcor announced that the government's gaming regulator and operator transferred P5 billion in cash...
The Bureau of the Treasury made a full award at Tuesday’s auction, Nov. 14, of the reissued 10-year debt paper at a lower interest rate. The government’s Treasury bonds (T-bonds) maturing Aug. 17, 2033 averaged at 6.781 percent, significantly lower compared with 6.954 percent fetched in the...
The national government successfully sold its short-term debt papers as benchmark yields decreased after a seven-week rise. On Monday, Nov. 13, the Bureau of the Treasury executed its auction by fully awarding P15 billion worth of Treasury bills, with a total demand of P46.441 billion, three times...
The national government's debt service bill accelerated in the first nine-months of the year, primarily driven by higher amortization payments, data from the Bureau of the Treasury showed. Between January and September, the Marcos administration's debt payments surged by 57 percent to reach P1.4...
The national government failed to sell all its short-term debt papers after banks demanded for higher returns following the Israel-Hamas war that led investors to favor safer investment options. At Monday's auction of Treasury bills on Oct. 9, the national government raised a total of P12.518...
