Debt servicing by the Philippine government jumped 203 percent in November due to higher interest and principal payments, data from the Bureau of the Treasury revealed. The national government's debt payments hit P81.34 billion in November last year, that is 203 percent more than the P26.79 billion...
Students from the University of Asia and the Pacific (UA&P) emerged as one of the four winning teams of the Citi Asia Pacific Treasury and Trade Solutions (TTS) regional case tilt for university students. (Photo from Citi TTS) UA&P Industrial Economic students Ethan Gabriel Lee, Josh Cody...
Lingering anticipation over unwinding monetary policies in the United States pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Jan. 18, the coupon rate for new 10-year Treasury bond fetched 4.875 percent, up from an interest rate of...
Benchmark interest rates declined across the board at Monday's auction as inflation began showing signs of cooling down and investors await the policy tightening by the US Federal Reserve. The rate for the 91-day Treasury bill, which banks use in pricing their loans, dropped to 0.875 percent on...
The Philippines managed to cut new borrowings in November last year due to significantly lower financing from domestic creditors. Data from the Bureau of the Treasury showed that the national government’s gross borrowings reached P26.69 billion in November, down by 78 percent compared with...
The Bureau of the Treasury said the government has established its sustainable finance framework to support the country’s sustainability commitments. In a statement, the Treasury bureau said on Friday, Jan. 14, that the framework has set out how the the Philippine government intends to raise...
Short-term benchmark interest rates dipped after inflation slowed in December 2021. At the Bureau of the Treasury’s auction on Monday, Jan. 10, the yield on three-month papers which banks use in pricing their loans, eased to 0.969 percent from the 1.075 percent fetched during the previous week....
The amount of subsidy the Duterte administration extended to government owned and controlled corporations (GOCCs) was slashed by nearly half in November 2021 and bulk of it went only to three state-run companies. Data from the Bureau of the Treasury showed that financial support extended to...
The government rejected all bids for long-term debt papers as investors sought a higher yield. At the Bureau of the Treasury’s auction on Tuesday, Jan. 4, investors had sought a return of 4.814 percent for the reissued seven-year Treasury bonds, higher than the previous yield of 4.468 percent...
Short-term benchmark interest rates dipped as investors anticipated slower inflation following the implementation of fuel price rollbacks in December, the Bureau of the Treasury said on Monday, Jan. 3. The yield on three-month papers, which banks use in pricing their loans, eased to 1.075 percent...
The national government’s debt declined last month due to repayments and favorable foreign exchange, the Bureau of the Treasury reported on Wednesday, Dec. 29. The total outstanding debt of the government slightly went down by P39.7 billion or 0.3 percent to P11.931 trillion in November from...
The government and the private sector continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the capital markets. During a recent Capital Market Development Council (CMDC) meeting, the Bureau of the Treasury,...
