Published April 5, 2021, 4:56 PM
The Bureau of the Treasury received mixed results at Monday’s (April 5) auction, but allowed the government to raise P25 billion as planned.
Interest rates for three-month treasury bills increased to 1.295 percent from 1.269 percent in the previous week, while the six-month notes inched up to 1.646 percent from 1.609 percent.
The one-year debt instruments, on the other hand, declined to 1.912 percent from 1.926 percent. The auction was almost thrice oversubscribed with tenders reaching P67.5 billion.
National Treasurer Rosalia de Leon said risk aversion drove strong buying interest on safe haven assets particularly on front end with inflation print seen the same as last month.
BTr inventories P1 3-T non-financial gov t assets – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Farmers pushing for more say in coco levy benefits distribution
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
April 4, 2021 | 8:16 pm Font Size
PHILSTAR
SUBSIDIES GRANTED to government-owned and -controlled corporations (GOCCs) fell 27.7% from a year earlier in February to P7.581 billion, the Bureau of the Treasury reported.
The National Irrigation Administration received 65.9% of the total with P4.994 billion, down 15% from a year earlier.
The Bases Conversion Development Authority received P720 million, the Small Business Corp. P300 million and the Philippine Heart Center P296 million.
Other top recipients were the National Kidney Transplant Institute (P213 million), Philippine Children’s Medical Center (P209 million), Light Rail Transit Administration (P170 million), and Philippine Rice Research Institute (P155 million).
Towards the bottom of the subsidy list were the Subic Bay Metropolitan Authority (P2 million), Philippine Health Insurance Corp. (P3 million), the Aurora Pacific Economic Zone and Freeport Authority and Zamboanga City Special Economic Zone Authority (P8
DILG: Observers to monitor barangay officials in ₱23-B emergency aid rollout
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.