The Bureau of the Treasury maintained its domestic borrowing program at P200 billion for next month. Based on the Treasury advisory Wednesday, Sept. 28, the October financing plan of the Marcos administration was unchanged from the program for September. The bureau indicated that it will sell P60...
Investors continued to ask for higher interest rates from the government, prompting the Bureau of the Treasury to reject offers for the three-month and one-year debt papers. At an auction of Treasury bills on Tuesday, Sept. 27, offers for the bellwether 91-day rate, which banks use in pricing their...
The benchmark interest rate on debt falling due in almost seven-years rose at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Sept. 20. The interest rate of the seven-year Treasury bonds, with a remaining life of six-years and eight months, fetched 6.588 percent. The...
Benchmark interest rates for short-term loans continued to climb prompting the Bureau of the Treasury to only borrow partially this week. The offered yield on the 91-day Treasury bill, which banks use in pricing their loans, was rejected by the Treasury bureau after it moved up to 3.912 percent...
The benchmark interest rate on debt falling due in 10-years declined at an auction of the government IOUs at the Bureau of the Treasury on Tuesday, Sept. 13. The coupon rate of the new 10-year Treasury bonds fetched at 6.75 percent, lower than the 7.75 percent when same instrument was sold in June...
Philippine benchmark interest rates for short-term loans rose prompting the Bureau of the Treasury to only borrow partially. On Monday, Sept. 12, auction of Treasury bills, the government rejected all bids for three-month IOUs. Likewise, the Treasury bureau failed to borrow through the sale of...
Debt payments by the national government went up in July due to higher amortization, data from the Bureau of the Treasury showed. The national government's debt servicing reached P156.2 billion in July this year, jumping by 158 percent compared with P60.54 billion paid out in the same month last...
The Bureau of the Treasury has scaled down its domestic borrowing program for September. According to an online advisory released on Monday, Aug. 30, the Treasury said it plans to borrow P200 billion from local creditors next month, lower compared with the P215 billion program in August. The bureau...
The national government, during President Marcos’ first month in office, incurred a much lower budget deficit owing to strong tax collections and slower spending, data from the Bureau of the Treasury showed. The Treasury bureau reported on Friday, Aug. 26, that the Marcos administration’s...
The Bureau of the Treasury clarified that the principal debt payment earmarked by the Department of Budget and Management (DBM) next year is not part of President Marcos’ proposed national budget. National Treasurer Rosalia V. De Leon said on Tuesday, Aug. 23, that budget for principal payment,...
The Department of Finance (DOF) will continue borrowing mostly from the domestic debt markets under the Marcos administration on the back of the growing appetite of Filipino retail investors in government securities. In a statement on Tuesday, Aug. 23, Finance Secretary Benjamin E. Diokno said...
Small Filipino savers wanting to take a piece of President Marcos’ first retail Treasury bond (RTB) sale would earn higher interest rates than prevailing market rates. The Bureau of the Treasury has launched on Tuesday, Aug. 23, the government’s new 5.5-year RTB, raising an initial P162.72...
