00:00The national government is eyeing to raise its borrowing plans for the first quarter
00:04of 2025 to secure funds for the midterm elections and mitigate risks from increasing borrowing
00:10costs and market volatility. In a memorandum released, the Bureau of the Treasury Department,
00:15or BTR, announced a 629 billion peso debt offering, which includes 66 billion pesos
00:21in Treasury bills or T-bills and 365 billion pesos in Treasury bonds or T-bonds. This represents
00:29a significant rise from the 310 billion pesos offering in the fourth quarter of 2024, which
00:35consisted of 220 billion pesos in T-bills and 90 billion pesos in T-bonds.
