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Saturday, November 23, 2024

Govt debt papers at P3.8t

Government’s outstanding debt papers slightly went down to P3.796 trillion as of end-May from P3.81 trillion a year ago, Treasury data show.

Data showed bulk of the debt issuances in 2015 were Treasury bonds amounting to P3.515 trillion, while Treasury bills stood at P281.4 billion.

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Outstanding debt papers maturing in the next three and five years amounted to P50.76 billion and P251.398 billion, respectively. 

Longer tenor papers such as the seven- and 10- year debt facilities reached P544.127 billion and P362.632 billion, respectively. 

Bonds with 20 years of maturity stood at P298.32 billion while 25-year debt papers amounted to P235.98 billion.

Domestic debt papers, normally bought by banks during regular auctions, are used to finance the budget deficit and provide investment instruments in the financial system.

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