Business NEWS

The government allowed rates of short-dated IOUs to increase at Monday’s (Feb. 22) auction,  as the Bureau of the Treasury made a full award for its borrowing plan for this week.

The national government has successfully borrowed P24 billion in the domestic market Monday, Feb. 15 after interest rates declined across the board.

The Bureau of the Treasury (BTr) is urging the lawmakers to immediately reform the present pension system for military and uniformed personnel (MUP) in view of the growing fiscal burden and sustainability risks it poses.

The national government completed the initial phase of the latest retail bond offering targeted at local small investors, the Bureau of the Treasury said.

The Bureau of the Treasury (BTr) fully awarded bids for short-dated treasury bills at yesterday’s auction.

The administration has maintained its domestic borrowing program at P140 billion in February, but with longer tenors, data from the Bureau of the Treasury revealed.

The national government has successfully raised P22 billion from the sale of Treasury bills after interest rates dropped across the board at yesterday’s auction.

The national government raised P22 billion through the sale of short-dated Treasury bills. Yield of three-month papers fetched 0.984 percent at yesterday’s auction, slightly higher from 0.977 percent last week.

 The national government has borrowed P22 billion in the domestic market through the sale of short-term debt papers (treasury bills)  at yesterday’s auction.

The national government’s debt stock increased by more than a quarter in November after both local and foreign obligations jumped by double-digits due to heavy borrowings, data from the Bureau of the Treasury showed.

Rates of short-dated IOUs, or treasury bills,  dropped across the board at yesterday auction as investors expect a slower inflation rate in the final month of last year.

The Duterte administration has increased its domestic borrowing program for the first month of next year, data from the Bureau of the Treasury revealed.

The national government has successfully sold P20-billion treasury bills today, the Bureau of the Treasury said.

The national government debt payments increased in October due to bigger maturing obligations, data from the Bureau of the Treasury showed.

The national government raised P20 billion through the sale of short-term IOUs (treasury bills).

The Duterte administration’s budget deficit is nearing the P1 trillion mark in January to October this year as the government continued to struggle in raising revenues due to the coronavirus-induced crisis.

The national government successfully raised P20 billion through the sale of short-term IOUs (treasury bills) after rates further declined across the board.

The Capital Market Development Council (CMDC) is exploring the possibility of creating a Child Trust Fund (CTF) that would provide long-term savings or investment accounts to qualified low-income families to support their children’s tertiary education.