Peso depreciation against the US dollar, alongside net financing activities, further pushed the national government's debt, which had recently breached the P16-trillion mark.Data from the Bureau of the Treasury (BTr), revealed that the government's total outstanding debt stood at...
Expectations of further policy easing by the Bangko Sentral ng Pilipinas (BSP) took center stage in the first Bureau of the Treasury auction of the year, as investors snapped up government debt and pushed yields lower across the board.At Monday's auction, January 6, the Treasury bureau successfully...
By DERCO ROSALThe government's debt stock is nearing the P16 trillion threshold, driven by continued borrowing from both domestic and foreign creditors.Data from the Bureau of the Treasury showed that the national government's total outstanding debt reached P15.89 trillion at end-September, with...
The Philippines is the World Bank's fifth-biggest borrower for the second-straight year, coinciding with the first two years in office of President Ferdinand R. Marcos Jr.The World Bank's latest Annual Report disclosed on Oct. 18 showed that in fiscal year 2024 covering the period July 1, 2023 to...
Interest rates on short-term government debt continued to increase, driven by a weaker peso and external factors such as rising global oil prices and reduced chances of the US Federal Reserve rate cuts.At Monday's auction, Oct 14, the Bureau of the Treasury (BTr) successfully raised P20 billion...
The Marcos administration plans to raise P310 billion in the fourth quarter through the sale of treasury bills and bonds. According to a memorandum from the Bureau of the Treasury, the government plans to secure P220 billion through treasury bill auctions scheduled from October to December,...
The government's reissued Treasury bonds (T-bonds) were met with strong investor demand on Tuesday, Sept. 10, as the offering's lower interest rates aligned with a more manageable inflation environment.The Bureau of the Treasury successfully raised P30 billion as planned through the auction of the...
The Marcos administration has launched a three-tranche US dollar-denominated bond offering, marking its second foray into the international debt markets this year.According to a report from Moody's Ratings, the bonds will mature in 2030, 2035, and 2049. Notably, a portion of the 25-year debt is...
Investors pressed for an increase in Philippine benchmark interest rates for short-term loans following the rise in inflation rate and hawkish signals from monetary officials.At the Treasury bureau's auction on Monday, April 8, the national government successfully raised P15 billion through the...
The Bureau of the Treasury was successful in selling all its short-term debt papers, taking advantage of declining interest rates.During an auction on Monday, March 25, the national government raised P15 billion as planned via the treasury bills (T-bills) it auctioned off as total bids reached...
The national government's net financing dropped by 67 percent in January this year, data from the Bureau of the Treasury (BTr) showed.BTr's latest cash operations report showed that total borrowings in the first month of the year amounted to P118.4 billion, down from the P366 billion recorded in...
The Bureau of the Treasury (BTr) has fully awarded all tenors during the Treasury bills (T-bills) auction on Monday with a total of P15 billion as demand for the government paper was seen to be weak.The total bids reached P47.250 billion, an oversubscription of more than three times the target...
