The government’s outstanding debt paper hit P3.88 trillion in 2015, up slightly fromP3.82 trillion recorded in 2014, Treasury data show.
Latest data showed that government debt sold to investors here and overseas in rose 1.67 percent at the end of December last year to P3.88 trillion from a year ago.
The bulk of the debt issuances in 2015 comprised of treasury bonds amounting to P3.62 trillion and treasury bills at P264.44 billion.
Treasury bonds maturing in the next three and five years amounted to P145.55 billion and P226.40 billion, respectively.
Longer tenor papers such as the seven- and 10- year debt facilities reached P469.13 billion and P379.12 billion, respectively.
Bonds with 20 years of maturity stood at P298.32 billion, while 25-year debt papers amounted to P235.98 billion.
The $5.582-million Philippine Par Bond redominated to a 28.5-year debt facility worth P97.05 million was still outstanding in end 2015.
The outstanding long-tenor debt paper also comprised of 25-year, P50 Billion CB-BoL Treasury bonds and on-shore dollar treasury bonds of P23.575 billion.
Benchmark bonds amounted to P1.031 trillion while retail treasury bonds reached P753.2 billion. Most bonds had tenors of more than 10 years.
The 182-day or six-month debt papers among the outstanding short-term IOUs, or treasury bills portfolio, had the biggest share with P93.069 billion, followed by the 364-day one-year papers with P90.838 billion and 91-day or three-month debt papers with P80.528 billion.
Yield in the treasury bill ranges from 1.49 percent to 2.55 percent a year.
The domestic debt papers, normally bought by banks at fixed-interest rates, were used to finance the budget deficit and provide investment instruments in the financial system.
The Bureau of Treasury is expected to sell P135 worth of government debt papers in the first three months of 2016.
