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 March.
According to a memorandum posted by the BTr on its website yesterday, the government is programmed to borrow a total of P75 billion in treasury bills and P125 billion in treasury bonds.
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 March.
Tenors to be issued include six-year bonds, seven-year securities, 10-year IOUs, and a 13-year and 20-year paper.
The programmed volume of offering for every treasury bonds auction is P25 billion.
