Gov’t to borrow P200B from local market in August

The Bureau of Treasury plans to borrow P200 billion from the domestic market in August through the sale of government securities.

This includes P60 billion via Treasury bills and P140 billion via Treasury bonds, with auctions scheduled every Monday and Tuesday respectively.

National Treasurer Rosalia de Leon noted that despite the threat of the Delta variant, liquidity remains high and there is sustained demand for government securities.