Outstanding gov't IOUs rise to P5.4T in February

The outstanding government IOUs sold by the Bureau of Treasury in February rose to P5.4 trillion due to increased investor interest amid the COVID-19 outbreak.

This is an increase from January's total of P5.1 trillion, with treasury bills rising to P533.5 billion and treasury bonds reaching P4.9 trillion.

The rise includes a jump in benchmark 91-day IOUs to P121.5 billion, 182-day debt paper to P142.5 billion, and 364-day securities to P269.6 billion for treasury bills.

For treasury bonds, three-year IOUs reached P153.5 billion, five-year debt paper hit P291.5 billion, seven-year bonds climbed to P460.7 billion, and ten-year securities rose to P533.3 billion.