Yields on Treasury bills were mixed at Monday’s auction, as strong investor demand built up over the past two weeks pulled down rates for shorter-dated securities, while longer tenors edged higher despite selective bid rejections, underscoring lingering uncertainty in the market.
The Bureau of the Treasury is set to raise as much as P784 billion in the second quarter through auctions of Treasury bills and bonds, stepping up funding efforts as global risks threaten to complicate the country’s fiscal and monetary outlook.
The Bureau of the Treasury (BTr) partially awarded its Treasury bill (T-bill) offerings on Monday, signaling a cautious stance as yields climbed amid heightened geopolitical tensions in the Middle East.
Average Treasury bill rates slipped at Monday’s auction, coming in below secondary-market levels after the Bangko Sentral ng Pilipinas (BSP) moved to further ease monetary policy.
The country’s four-month streak of slowing price increases is poised to come to a sharp halt, with headline inflation projected to accelerate to 6.9 percent year-on-year in September, up from 6.1 percent in August.
Pag-IBIG Fund and Megawide Construction Corp. have reached a key construction milestone for the Expanded Pambansang Pabahay para sa Pilipino Program (4PH), with two buildings at JAB Residences in Dasmariñas City, Cavite completing their main structural works.
Megawide Dreamrise Residences Inc., an arm of listed firm Megawide Construction Corp., will turn over 500 housing units in Dasmariñas, Cavite, before the end of 2026, bringing much-needed affordable homes closer to many low-income Filipino families. These units form part of the 7,410 the company aims to complete under the government’s Expanded Pambansang Pabahay Para sa Pilipino, or 4PH Program, which pushes for modern, efficient socialized housing built with advanced construction methods.
This Teacher’s Month, AIA Philippines, The Medical City, ABS-CBN Foundation, and the DepEd Schools Division of San Jose del Monte launched the Hope Mobi Clinic, offering free breast cancer screening to 100 public school teachers in Bulacan. A formal Memorandum of Understanding signing solidified the partners’ shared goal of bringing breast health care closer to communities.