The Bureau of the Treasury lowered its domestic borrowing program for April amid a rising interest rate environment. ManilaBulletin
Based on the Treasury advisory on Wednesday, March 29, the April financing plan of the Marcos administration is set at P160 billion, lower than this month’s program of P200 billion.
Moreover, the bureau will issue P25 billion worth of three-, nine-, 13-, and seven-year T-bonds on April 5, 13, 20, and 27, respectively. Total borrowings amounted to P2.163 trillion from January to December 2022, below the P2.212 trillion program for the year.
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