^
+ Follow DEPUTY NATIONAL TREASURER EDUARDO MENDIOLA Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1263834
                    [Title] => BTr rejects all bids for 5-year T-bonds
                    [Summary] => 

The Bureau of Treasury (BTr) rejected yesterday all bids for the five-year treasury bonds as investors pushed for rates deemed unrealistic by the government.

[DatePublished] => 2013-12-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 562373 [Title] => 7-year Treasury bonds fetch 7% rate [Summary] =>

The Bureau of the Treasury (BTr) settled yesterday for a partial award of its seven-year Treasury bonds (T-bonds) to prevent the coupon rate from rising beyond the prevailing market rate.

[DatePublished] => 2010-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 282811 [Title] => 5-month budget gap well below target [Summary] => The government reported a budget deficit of P67.8 billion in the first five months of the year, well below the P98.5-billion deficit programmed for the first half of 2005, the Department of Finance (DOF) reported yesterday.

The five-month figure was also 12.4 percent lower than the P77.4-billion shortfall recorded in the same period last year.

Analysts said the latest performance showed the government was on course to meet its deficit target of P180 billion, or 3.4 percent of gross domestic product (GDP), for the full year.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 282832 [Title] => 91-day T-bills inch up to 5.883% [Summary] => Treasury officials rejected the bids for the one-year Treasury bills for two auctions in a row yesterday, allowing slight increases only in the benchmark 91-day and 182-day Treasury bills (T-bills).

The average interest rate on the 91-day T-bills went up by 9.9 basis points to 5.883 percent but the market was noticeably thin as banks opted to take a cautious position in the wake of ongoing political controversies.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 259831 [Title] => T-bill rates decline across the board [Summary] => Treasury bill (T-bill) rates dropped across the board at yesterday’s auction, with the government accepting all bid applications for all issues for the first time in months

Rates for the 91-day T-bills, which banks use as a benchmark to price loans, went down to 7.125 percent against the 7.443 percent average recorded during the last auction, on a full award of P4.5 billion.

Bid applications for the 91-day T-bills went up to as high as P9.81 billion.
[DatePublished] => 2004-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 153551 [Title] => T-bill rates drop to all-time lows [Summary] => Local interest rates plunged to all-time lows in yesterday’s Treasury bill auction with the yield for the benchmark 91-day T-bill hitting 6.714 percent from 6.911 percent a week earlier. [DatePublished] => 2002-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 152712 [Title] => Benchmark T-bill rate nears all-time low [Summary] => Interest rates plunged to new lows in yesterday’s T-bill auction with the yield for the benchmark 91-day Treasury bill (T-bill) settling at 6.911 percent, close to its all-time low recorded 15 years ago. [DatePublished] => 2002-03-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 130818 [Title] => Benchmark T-bill rate down [Summary] => The benchmark 91-day Treasury bill rate went down 6.2 basis points to 9.59 percent even as government gave in to the market’s move to push up interest rates for longer-term T-bills.

In yesterday’s auction, the Bureau of Treasury succumbed to pressure from banks which bid up rates for the 182-day and 364-day T-bills although at a decelerated pace. The six-month T-bill climbed 13.4 basis points to 11.659 percent from 11.525 percent, while the one-year bills climbed 42.1 basis points to 12.798 percent from 12.557 percent in the previous week.
[DatePublished] => 2001-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 130079 [Title] => T-bills up sharply; peso gains [Summary] => Treasury bill (T-bill) rates rose sharply yesterday due to a reduced appetite for debt papers in the wake of the Bangko Sentral ng Pilipinas (BSP) directive for banks to raise their reserve requirement by another two percentage points. [DatePublished] => 2001-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 94017 [Title] => Weak peso jacks up T-bill rates [Summary] => The continued weakening of the peso against the dollar has jacked up interest rates, with the yields for the benchmark 91-day Treasury bills (T-bills) rising by 4.4 2 basis points to 8.77 percent yesterday from the previous week’s 8.728 percent.

At the Philippine Dealing System (PDS), the battered peso closed at a five-and-a-half month low of 52.700 or 30.5 centavos lower than Friday’s close of 52.395 against the greenback.
[DatePublished] => 2001-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DEPUTY NATIONAL TREASURER EDUARDO MENDIOLA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1263834
                    [Title] => BTr rejects all bids for 5-year T-bonds
                    [Summary] => 

The Bureau of Treasury (BTr) rejected yesterday all bids for the five-year treasury bonds as investors pushed for rates deemed unrealistic by the government.

[DatePublished] => 2013-12-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 562373 [Title] => 7-year Treasury bonds fetch 7% rate [Summary] =>

The Bureau of the Treasury (BTr) settled yesterday for a partial award of its seven-year Treasury bonds (T-bonds) to prevent the coupon rate from rising beyond the prevailing market rate.

[DatePublished] => 2010-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 282811 [Title] => 5-month budget gap well below target [Summary] => The government reported a budget deficit of P67.8 billion in the first five months of the year, well below the P98.5-billion deficit programmed for the first half of 2005, the Department of Finance (DOF) reported yesterday.

The five-month figure was also 12.4 percent lower than the P77.4-billion shortfall recorded in the same period last year.

Analysts said the latest performance showed the government was on course to meet its deficit target of P180 billion, or 3.4 percent of gross domestic product (GDP), for the full year.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 282832 [Title] => 91-day T-bills inch up to 5.883% [Summary] => Treasury officials rejected the bids for the one-year Treasury bills for two auctions in a row yesterday, allowing slight increases only in the benchmark 91-day and 182-day Treasury bills (T-bills).

The average interest rate on the 91-day T-bills went up by 9.9 basis points to 5.883 percent but the market was noticeably thin as banks opted to take a cautious position in the wake of ongoing political controversies.
[DatePublished] => 2005-06-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 259831 [Title] => T-bill rates decline across the board [Summary] => Treasury bill (T-bill) rates dropped across the board at yesterday’s auction, with the government accepting all bid applications for all issues for the first time in months

Rates for the 91-day T-bills, which banks use as a benchmark to price loans, went down to 7.125 percent against the 7.443 percent average recorded during the last auction, on a full award of P4.5 billion.

Bid applications for the 91-day T-bills went up to as high as P9.81 billion.
[DatePublished] => 2004-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 153551 [Title] => T-bill rates drop to all-time lows [Summary] => Local interest rates plunged to all-time lows in yesterday’s Treasury bill auction with the yield for the benchmark 91-day T-bill hitting 6.714 percent from 6.911 percent a week earlier. [DatePublished] => 2002-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 152712 [Title] => Benchmark T-bill rate nears all-time low [Summary] => Interest rates plunged to new lows in yesterday’s T-bill auction with the yield for the benchmark 91-day Treasury bill (T-bill) settling at 6.911 percent, close to its all-time low recorded 15 years ago. [DatePublished] => 2002-03-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 130818 [Title] => Benchmark T-bill rate down [Summary] => The benchmark 91-day Treasury bill rate went down 6.2 basis points to 9.59 percent even as government gave in to the market’s move to push up interest rates for longer-term T-bills.

In yesterday’s auction, the Bureau of Treasury succumbed to pressure from banks which bid up rates for the 182-day and 364-day T-bills although at a decelerated pace. The six-month T-bill climbed 13.4 basis points to 11.659 percent from 11.525 percent, while the one-year bills climbed 42.1 basis points to 12.798 percent from 12.557 percent in the previous week.
[DatePublished] => 2001-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 130079 [Title] => T-bills up sharply; peso gains [Summary] => Treasury bill (T-bill) rates rose sharply yesterday due to a reduced appetite for debt papers in the wake of the Bangko Sentral ng Pilipinas (BSP) directive for banks to raise their reserve requirement by another two percentage points. [DatePublished] => 2001-08-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 94017 [Title] => Weak peso jacks up T-bill rates [Summary] => The continued weakening of the peso against the dollar has jacked up interest rates, with the yields for the benchmark 91-day Treasury bills (T-bills) rising by 4.4 2 basis points to 8.77 percent yesterday from the previous week’s 8.728 percent.

At the Philippine Dealing System (PDS), the battered peso closed at a five-and-a-half month low of 52.700 or 30.5 centavos lower than Friday’s close of 52.395 against the greenback.
[DatePublished] => 2001-07-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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