Close  

Outstanding IOUs up to P5.2T in March

By: - Reporter / @bendeveraINQ
/ 05:36 AM April 12, 2019

The amount of outstanding government-issued debt paper rose to P5.2 trillion at the end of the first quarter following the sale of retail treasury bonds (RTBs) in March.

The latest Bureau of the Treasury data showed that the total outstanding Treasury bills and bonds as of March increased from P4.9 trillion in February.

ADVERTISEMENT

Outstanding Treasury bonds jumped to P4.6 trillion from P4.3 trillion a month ago.

Treasury bills also climbed to P607.6 billion from P585.4 billion at the end of February.

FEATURED STORIES

Among the outstanding T-bills, P109.9 billion were from the auction of benchmark 91-day IOUs; P180.8 billion from 182-day debt paper and P316.8 billion from 364-day Treasury bills.

As for the 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, P634.3 billion, and 10-year T-bonds, P427.3 billion.

The outstanding amount for 10-year agrarian reform bonds was P9.1 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 P26.3 billion in onshore dollar T-bond.

Outstanding RTBs, meanwhile, rose to P1.6 trillion.

Last month, the Treasury sold P235.9 billion in five-year RTBs at a coupon of 6.25 percent.

ADVERTISEMENT

It was the Duterte administration’s fifth RTB issuance during its first three years in office, as the government wanted to borrow more partly to finance the flagship infrastructure projects under the ambitious “Build, Build, Build” program.

The government’s 22nd RTB sale also marked the first time that investors were able to buy online through their accounts with state-run lenders Development Bank of the Philippines and Land Bank of the Philippines.

Read Next
LATEST STORIES
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: Bureau of the Treasury, outstanding government-issued debt paper, retail treasury bonds (RTBs)
For feedback, complaints, or inquiries, contact us.
opinion

Panic in the air

November 19, 2019 05:15 AM

opinion

Bottled air

November 19, 2019 05:13 AM

opinion

‘I will destroy her in public’

November 19, 2019 05:11 AM

newsinfo

Police find man in viral ‘Grand Taft Auto’ video 

November 19, 2019 05:10 AM

opinion

5 myths of Dutertismo (1) 

November 19, 2019 05:09 AM



© Copyright 1997-2019 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.