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 in February.
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 that for January.
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 February.
Tenors to be issued include four-year bonds, seven-year securities and two 10-year IOUs.
The volume remains at P35 billion for every treasury bonds auction. – Angela Celis
