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 May.
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.
Specifically, 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 May.
Tenors to be issued include a three-year treasury bond, five-year IOU, seven-year securities and a 10-year paper.
The volume remains at P35 billion for every treasury bonds auction.
