Tuesday, June 28, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Govt sells T-bonds as yields decrease

Gabrielle H. BinadaybyGabrielle H. Binaday
May 17, 2016, 11:10 pm
in Business
Reading Time: 2 mins read
A A
72
SHARES
Share on FacebookShare on TwitterShare on Email

The government sold P25 billion worth of Treasury bonds on lower rates, reflecting investors’ confidence after the peaceful elections last week, the Bureau of Treasury said Tuesday.

Rates of the Treasury bonds averaged 3.246 percent, down 40.1 basis points from the previous auction rate of 3.647 percent. 

“The results have been very favorable, very positive, it bodes very well, particularly with the incoming administration. Three times oversubscribed, very much within the interest range that we’re willing to accept. I think it’s a very good start for the incoming administration,” National Treasurer Roberto Tan told reporters after the auction. 

“As you know the different indicators have also been supported by the election process. The exchange rate has strengthened, the stock market has also performed very well, and the auction has been quite successful today,” he added. 

The government’s P25-billion bond offering was nearly three times oversubscribed at P72.563 billion.

ADVERTISEMENT

The re-issued debt papers have a remaining life of five years from March 2014. 

Meanwhile, Tan said the country’s membership in the Beijing-led Asian Infrastructure Investment Fund would be dependent on the next administration. 

“The President will be recommending to the Senate through the Department of Foreign Affairs. I suppose the next administration will make a presentation to the Senate for the recommendation,” Tan said. 

The Philippines joined the Beijing-led AIIB on December 2015 as one of its founding members. The country’s membership are still subject to the availability of funds regarding its share in AIIB’s capitalization and Senate ratification. 

AIIB members have until the end of December this year to have their respective memberships ratified by their governments.

“He [Duterte] announced that he will be maintaining the current macroeconomic policies so I think that’s very much welcomed by the markets,” Tan said.

Tags: Bureau of TreasuryT-bondstreasury bonds
ADVERTISEMENT
Gabrielle H. Binaday

Gabrielle H. Binaday

Related Posts

Hong Kong’s history: From backwater to trading metropolis

byAFP
June 28, 2022, 12:30 pm
0
130
Banaag assumes post as Bright Kindle director

Modern-day Hong Kong is best known for its sprawl of skyscrapers and role as a bustling financial hub and regional...

Read more

Nike profits dip on lower sales in North America, China

byAFP
June 28, 2022, 9:00 am
0
134
Nike profits dip on lower sales in North America, China

Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue...

Read more

ALLIED CARE EXPERTS (ACE) MALOLOS DOCTORS, INC.: Notice of Annual Stockholders’ Meeting

byManila Standard
June 28, 2022, 6:30 am
0
132
ALLIED CARE EXPERTS (ACE) MALOLOS DOCTORS, INC.: Notice of Annual Stockholders’ Meeting

Read more

CONCEPCION INDUSTRIAL CORPORATION: Notice of the Annual Stockholders’ Meeting

byManila Standard
June 28, 2022, 6:15 am
0
146
CONCEPCION INDUSTRIAL CORPORATION: Notice of the Annual Stockholders’ Meeting

NOTICE OF THE ANNUAL STOCKHOLDERS’ MEETING TO: ALL STOCKHOLDERS Notice is hereby given that CONCEPCION INDUSTRIAL CORPORATION (formerly Concepcion Airconditioning...

Read more

PHILIPPINE SEVEN CORPORATION: Notice of Annual Stockholders’ Meeting

byManila Standard
June 28, 2022, 6:00 am
0
133
7-Eleven franchisee halves capex in 2020

Read more

Villar, women leaders mark 75th year of PH-France ties

byMacon Ramos-Araneta
June 27, 2022, 10:15 pm
0
148
Villar bats for growth of local dairy industry

Senator Cynthia Villar, French Ambassador to the Philippines Michele Boccoz, and Senator Samantha Cazebone of the Parliament of France recently...

Read more

Stories you may like

  • Ex-Naga dad links Leni’s brother-in-law to illegal drugs

    Ex-Naga dad links Leni’s brother-in-law to illegal drugs

    36765 shares
    Share 14706 Tweet 9191
  • Of course, it was BBM’s project

    30882 shares
    Share 12353 Tweet 7721
  • INC endorses BBM, Sara

    28808 shares
    Share 11523 Tweet 7202
  • Duterte’s seven biggest achievements

    21988 shares
    Share 8795 Tweet 5497
  • Marcos leads SWS survey on presidentiables at 50%

    13583 shares
    Share 5433 Tweet 3396

Print Edition

View More

Recent Posts

  • Development, sustainability not mutually exclusive, say experts in Stratbase forum
  • Hong Kong’s history: From backwater to trading metropolis
  • Russia fails to pay debt but denies default
  • Serena returns at Wimbledon as Nadal eyes next leg of Slam
  • US delegation arrives in Venezuela to discuss ‘bilateral agenda’: Maduro
  • UN meet sees blitz of pledges to protect ailing oceans
  • Irving will opt into NBA deal and stay with Nets: report
  • Putin guarantees supply of fertilizers to Brazil

Advertisement

Latest News

UN meet sees blitz of pledges to protect ailing oceans

byAFP
June 28, 2022, 10:30 am
0
134
Southwoods nails Seniors’ Fil golf crown

A major UN conference on how to restore the faltering health of global oceans kicked off in Lisbon this week...

Read more

Irving will opt into NBA deal and stay with Nets: report

byAFP
June 28, 2022, 10:00 am
0
135
Irving will opt into NBA deal and stay with Nets: report

Brooklyn star guard Kyrie Irving says he will opt into a $37 million player contract option for next season to...

Read more

Putin guarantees supply of fertilizers to Brazil

byAFP
June 28, 2022, 9:30 am
0
132
Putin, Macron, Scholz discuss Ukraine arms, grain supplies

Russian President Vladimir Putin on Monday promised his Brazilian counterpart Jair Bolsonaro that Russia "is committed" to maintaining its delivery...

Read more

Nike profits dip on lower sales in North America, China

byAFP
June 28, 2022, 9:00 am
0
134
Nike profits dip on lower sales in North America, China

Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue...

Read more

Pollution linked to 10% of cancer cases in Europe: report

byAFP
June 28, 2022, 8:30 am
0
131
Southwoods nails Seniors’ Fil golf crown

Pollution is linked to more than 10 percent of cancer cases in Europe, a report by the European Environment Agency...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App