Government borrowings were slashed by P1 trillion in the first eight months of the year owing to lower financing both from local and foreign creditors, data from the Bureau of the Treasury revealed. Based on the report by the Treasury bureau, the national government’s gross borrowings dropped 42...
The benchmark interest rate on debt falling due in almost five years drop at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Nov. 29. The interest rate of the 20-year IOUs, with a remaining life of four-years and nine-months, fetched 6.568 percent, lower than the...
Benchmark yields for short-term loans jumped after the central bank raised its policy rates last week, forcing the Bureau of the Treasury to partially borrow on Monday, Feb. 20. At an auction of Treasury bills, the national government raised a total of P13.05 billion, below the P15 billion program....
Small Filipino investors swamped the government’s latest retail bond sale, prompting the Bureau of the Treasury to end the offer period ahead of schedule after orders exceeded the target. In a statement on Thursday, Feb. 16, National Treasurer Rosalia V. De Leon said the bureau raised P283.71...
The Bureau of the Treasury closed its retail bond offering ahead of schedule after demand reached more than government’s target. National Treasurer Rosalia V. De Leon announced on Wednesday, Feb. 15, that the bureau raised P283.71 billion through the sale of 5.5 year retail treasury bond...
Benchmark yields for short-term loans rose, prompting the Bureau of the Treasury to borrow less than planned. At Monday's auction of Treasury bills on Feb. 13, the national government raised P14.6 billion, below the P15 billion program. Total demand reached P32.2 billion The 91-day Treasury bill...
Small Filipino savers wanting to take a piece of the government’s retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury launched on Tuesday, Feb. 7, the government’s new 5.5 year RTB, raising an initial P162.2 billion as total...
Benchmark yields for short-term loans moved sideways, but fell below secondary market rates. At Monday's auction of Treasury bills on Feb. 6, the national government raised P15 billion as programmed after total demand reached P37.78 billion The 91-day Treasury bill rate increased slightly to 4.186...
The Marcos administration should not expect the Senate to put all its time and energy for the immediate passage of the proposed Maharlike Investment Fund (MIF) which has been rife with a lot of ambiguities and questions regarding its real purpose and intent. For now, Sen. Francis “Chiz”...
The Bureau of the Treasury made a full-award on Tuesday, Jan. 31, after the benchmark interest rate on debt falling due in almost 12 years settled within the secondary market levels. The interest rate of the reissued 25-year IOUs, with a remaining life of 12-years and eight-months, fetched 6.197...
Benchmark yields for short-term loans went down on the back of strong demand. At Monday's auction of Treasury bills on Jan. 30, the national government raised P15 billion as programmed after total demand reached P61.85 billion The 91-day Treasury bill rate declined to 4.152 percent from 4.211...
The Bureau of the Treasury made a full-award on Tuesday, Jan. 24, after the benchmark interest rate on debt falling due in almost 10-years settled below the secondary market levels. The interest rate of the reissued 10-year IOUs, with a remaining life of nine-years and eight-months, fetched 5.913...
