Gov’t partially awards Treasury bill offer

THE GOVERNMENT partially awarded its offer of Treasury bills (T-bills) at higher rates following the Bangko Sentral ng Pilipinas’ (BSP) surprise 75-basis-point (bp) hike last week. The Bureau of the Treasury (BTr) raised P12.9 billion from its auction of T-bills on Monday, lower than the P15-billion program, even with bids reaching P33.52 billion or more […]

BSP raises P110B at auction

The Philippine central bank fully awarded the short-term debt it offered on Friday as rates dipped after last-minute changes to the country’s lockdown status.  The Bangko Sentral ng Pilipinas (BSP) raised P110 billion from 28-day bills, as total bids reached P137.82 billion.  The auction was 1.25 times oversubscribed, but the demand fell from P148.05 billion at the auction last week. Yields sought for the securities ranged from 1.7% to 1.742%, wider than 1.713%-1.728% last week.  […]

Energy department to hold public consultations on new rules for green energy auction this month

THE ENERGY department plans to hold a public consultation on the green energy auction program (GEAP) this month, ahead of revisions to the rules and framework governing the program. The Department of Energy (DoE) had originally planned to hold consultations in June. “We are changing the framework of the GEAP… By July, we’ll be doing […]

NREB confirms higher quota for contracted RE power

THE National Renewable Energy Board (NREB) confirmed Thursday that it recommended an increase the minimum level of electricity contracted from renewable energy (RE) developers to 2.5% from the current 1%. “Yes. NREB has made that recommendation to the DoE (Department of Energy) as part of our proposed 2021-2040 NREP (National Renewable Energy Program),” NREB Chairperson […]

DTXS Successfully Held the Auction in Beijing Amid the Pandemic, the Company as well deeply involved in the wine industry

HONG KONG, Jan 18, 2021 – (ACN Newswire) – At the beginning of 2021, DTXS auction in Beijing attracted much attention amid the epidemic, the art auction in autumn 2020 and New Year 2021 was conducted in an orderly manner according to the prevention and control requirements. The auction lasted two days, a total of […]