Government to borrow ₧200B from local debt market | Jasper Y. Arcalas

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Government to borrow ₧200B from local debt market | Jasper Y. Arcalas
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The national government aims to borrow P200 billion from the domestic debt market next month through the sale of Treasury bonds (T-bonds) and bills (T-bills).

THE national government aims to borrow P200 billion from the domestic debt market next month through the sale of Treasury bonds and bills .

The Treasury said it plans to raise P75 billion from the sale of T-bills and P125 billion from the auction of T-bonds. In its last February T-bonds offering, the Treasury successfully raised P35 billion for the seventh consecutive time. Nonetheless, Treasury successfully held its 29th tranche of Retail Treasury Bonds offering this month with the government raising P283.711 billion.

 

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