The Bureau of the Treasury (BTr) is eyeing to raise P200 billion from the domestic market, through its issuance of treasury bills and treasury bonds for the month of November.
According to a memorandum posted by the BTr on its website yesterday, the government is programmed to borrow a total of P60 billion in treasury bills and P140 billion in treasury bonds.
The total volume of offerings for next month is the same as for October.
The BTr will offer P15 billion in treasury bills per auction next month.
The 91-day, 182-day and 364-day treasury bills will be auctioned every Monday, with volumes of P5 billion per tenor.
The BTr will also auction treasury bonds for every Tuesday of November.
Tenors to be issued include two five-year bonds, seven-year securities, and 10-year IOUs.
The volume remains at P35 billion for every treasury bonds auction.
The national government’s outstanding debt as of August has reached P11.64 trillion.
The total debt stock rose by 0.28 percent from the previous month’s level of P11.61 trillion due to higher domestic debt issuance as part of government financing. – Angela Celis
