At the Bureau of the Treasury’s 128th anniversary celebration, the agency received high praise for more than a century of protecting the country’s finances. Delivering a message on behalf of Finance Secretary Frederick D. Go, a representative highlighted how the Treasury has become a pillar of stability through careful debt management, strong investor relations, and early risk detection.
Finance undersecretary Karlo Fermin Adriano described the BTr as keeper of the nation’s “passbook,” responsible for raising about 90 percent of the government’s borrowing needs—an essential task that supports everything from public services to long-term economic plans.
With this year’s theme centered on building trust and advancing capital market reforms, the message stressed that trust is earned through steady performance, clear rules, and dependable institutions. These, Adriano said, create the conditions where investors feel confident to support the country’s growth.
A major highlight of the event was the awarding of outstanding government securities eligible dealers (GSEDs), recognized as crucial partners in keeping the local bond market active and accessible. Their efforts appear to be paying off: as of Tuesday, the government has already raised ₱2.08 trillion—nearly the entire ₱2.11-trillion domestic borrowing program for 2025—through Treasury bills, bonds, and special issuances. This strong momentum, the Department of Finance noted, will help meet the financing requirements of the proposed ₱6.79-trillion national budget for next year.
The message also reaffirmed ongoing reforms aimed at making it easier for the government to raise capital, modernizing market systems, pushing digitalization, and expanding investor participation. Stakeholders and dealers were encouraged to help bring more Filipinos into the investment fold, particularly through government bonds and other secure instruments that support national development.
Awardees were urged to continue leading by example, while industry partners were asked to support reforms that deliver real, tangible benefits. The BTr itself was encouraged to remain transparent, efficient, and steadfast in its mission to safeguard the nation’s finances.
