outbrain
Close  

Gov’t IOUs slightly down to P4.14T in May

/ 01:12 AM June 15, 2017

The total amount of outstanding government-issued IOUs slightly declined to P4.14 trillion at end-May as more debt paper matured that month.

The latest Bureau of the Treasury data showed that the combined value of outstanding treasury bills and bonds at the end of last month decreased from P4.16 trillion in April, during which the government issued P181 billion in retail treasury bonds (RTBs).
Also in May, treasury bonds accounted for the bulk of outstanding debt paper, which had a face amount totaling P3.83 trillion, down from P3.86 trillion a month ago.

ADVERTISEMENT

Outstanding treasury bills amounted to P302.9 billion, up from P299.6 billion in the previous month.

Among the outstanding T-bonds, three-year IOUs amounted to P45 billion; five-year debt paper, P346.4 billion; seven-year treasury bonds, P556.9 billion; and 10-year T-bonds, P369.8 billion.

FEATURED STORIES

For 10-year agrarian reform bonds, the outstanding amount was at P6.9 billion; 20-year IOUs, P304.3 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.

Still to reach maturity were P983.9 billion worth of RTBs, P909.3 billion in benchmark bonds, P50 billion in 25-year CB-BoL T-bonds, and P24.9-billion onshore dollar T-bond.

As for the outstanding T-bills, P95 billion was from the auction of 91-day IOUs; P102.2 billion from 182-day debt paper; and P105.7 billion from 364-day treasury bills. —BEN O. DE VERA

Subscribe to Inquirer Business Newsletter
Read Next
EDITORS' PICK
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS:
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2020 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.