Outstanding gov’t-issued IOUs slightly down in Feb | Inquirer Business
Close  

Outstanding gov’t-issued IOUs slightly down in Feb

By: - Reporter / @bendeveraINQ
/ 05:38 AM March 15, 2019

The amount of outstanding government-issued debt paper slightly declined to P4.89 trillion in February as more Treasury bonds matured that month, paving the way for the sale of retail IOUs in March.

The Bureau of the Treasury data showed that the total outstanding Treasury bills and bonds as of end-February went down from P4.91 trillion in January.

ADVERTISEMENT

Outstanding Treasury bonds fell to P4.31 trillion from P4.35 trillion a month ago.

Treasury bills, meanwhile, continued to rise to P585.4 billion from P555.9 billion in the previous month.

FEATURED STORIES

Of the outstanding T-bills, P109.1 billion were from the auction of benchmark 91-day IOUs; P174.9 billion, 182-day debt paper, and P301.4 billion, 364-day Treasury bills.

As for outstanding T-bonds, three-year IOUs have a face amount of P94.9 billion; five-year debt paper, P261.5 billion; seven-year Treasury bonds, P614.3 billion, and 10-year T-bonds, P407.3 billion.

The outstanding amount for 10-year agrarian reform bonds was P8.9 billion; 20-year IOUs, P368.1 billion; and 25-year debt paper, P235.9 billion.

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

Also outstanding were P909.3 billion in benchmark bonds; P50-billion 25-year CB-BoL T-bonds, and P25.9 billion in onshore dollar T-bond.

Outstanding retail Treasury bonds hit P1.34 trillion.

Bond maturities in February allowed the Treasury to sell P235.9 billion in five-year retail Treasury bonds this month at a coupon of 6.25 percent.

Read Next
Don't miss out on the latest news and information.

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: Bureau of the Treasury, government-issued debt paper, treasury bonds
For feedback, complaints, or inquiries, contact us.

Curated business news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 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.