Govt targets to borrow ₱180B from domestic sources in June | Reine Juvierre S. Alberto

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The national government will attempt to borrow P180 billion from the domestic debt market in June, lower by P30 billion than the P210 billion programmed for May.

The Bureau of the Treasury will hold an auction to raise P180 billion through the sale of Treasury bonds and another P60 billion in Treasury bills .

Meanwhile, P15 billion in 91-day, 182-day and 364-day T-bills will be offered for each of the first four Mondays of the month. The government’s borrowings from January to April this year reached P1.163 trillion, with domestic and foreign borrowings amounting to P1.038 trillion and P124.099 billion.

Source: News Formal (newsformal.com)

 

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