Outstanding locally issued debt rose to a new high of P6.78 trillion in January as short-dated treasury (T) bills breached the P1-trillion mark for the first time.
The total face amount of outstanding treasury bills rose from P949.48 billion in end-December 2020, while T-bonds inched up to P5.78 trillion from P5.74 trillion a month ago.
The latest Bureau of the Treasury data released on Wednesday showed that outstanding benchmark 91-day IOUs amounted to P126 billion; 182-day, P193.85 billion, and 364-day, P680.39 billion.
As for outstanding bonds, three-year T-bonds had a face amount of P252.51 billion; five-year debt paper, P316.78 billion; seven-year IOUs, P594.23 billion, and…
Keep on reading: Outstanding IOUs hit new high as T-bills breached P1T in January