The total amount of outstanding government-issued IOUs inched up to P4.15 trillion as of August, the latest Bureau of the Treasury data showed.
The combined value of outstanding treasury bills and bonds at the end of the first eight months was slightly higher than end-July’s P4.14 trillion.
From January to August, treasury bonds accounted for the bulk of outstanding debt paper with a face amount totaling P3.82 trillion, down from P3.83 trillion a month ago.
Outstanding treasury bills amounted P332.9 billion, up from P315.8 billion in the previous month.
Among the outstanding bonds, three-year IOUs reached P45 billion; five-year debt paper, P308.4 billion; seven-year treasury bonds, P575.9 billion, and 10-year bonds, P383.2 billion.
For 10-year agrarian reform bonds, the outstanding amount was P6.7 billion; 20-year IOUs, P319.3 billion; and 25-year debt paper, P235.9 billion.
Of the $6.58-million Philippine Par Bond redenominated into 28.5 years, the equivalent of P97.1 million remained outstanding.
Also outstanding were P958.4 billion in retail treasury bonds (RTB), P909.3 billion in benchmark bonds; P50 billion in 25-year CB-BoL
T-bonds, and P25.6-billion onshore dollar bonds.
As for the outstanding treasury bills, P105.1 billion was from the auction of 91-day IOUs; P114.1 billion from 182-day debt paper, and P113.7 billion from 364-day securities. —BEN O. DE VERA