Gov’t securities sold at end-February increase to P3.98T

The total amount of outstanding government-issued debt paper further increased to P3.984 trillion at end-February.

The Bureau of the Treasury sold more debt paper that month, with data showing that the combined value of outstanding treasury bills and bonds increased from P3.953 trillion in January.

As of end-February, treasury bonds accounted for the bulk of outstanding debt paper, with the face amount totaling P3.706 trillion.

Outstanding treasury bills, meanwhile, amounted to P278.7 billion.

Among the outstanding T-bonds, three-year IOUs amounted to P80.8 billion; five-year debt paper, P331.4 billion; seven-year T-bonds, P605.9 billion; and 10-year T-bonds, P360 billion.

For 10-year agrarian reform bonds, the outstanding amount was at P6.9 billion; 20-year IOUs, P298.3 billion; and 25-year debt paper, P235.9 billion.

Of the $6.582-million Philippine Par Bond redenominated into 28.5 years, P97.1 million remained outstanding.

A total of P801.9 billion in retail treasury bonds remained outstanding; P909.3 billion in benchmark bonds; P50 billion in 25-year CB-BoL T-bonds; and P25.1-billion in onshore dollar T-bonds.

As for the outstanding T-bills, P86.9 billion was from the auction of 91-day IOUs; P91.2 billion from 182-day debt paper; and P100.5 billion from 364-day treasury bills. —BEN O. DE VERA