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Marcos admin borrowing spree continues with P50B
Manila Bulletin
|August 20 2025
After raising over half a trillion pesos from retail treasury bonds (RTBs) last week, the Marcos Jr. administration successfully borrowed P50 billion from separate sales of debt securities this week.
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During the sale of 10-year treasury bonds (T-bonds) on Tuesday, Aug. 19, the Bureau of the Treasury (BTr) fully awarded its P25-billion offering, with total bids reaching P98.1 billion, nearly four times the amount offered.
Demand was stronger than the P63.5-billion tenders during the previous 10-year bond auction on July 15.
With a remaining maturity of nine years and eight months, the bonds were awarded at an average rate of 5.997 percent.
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