According to the borrowing strategy document for 2024–2025 released recently, the central bank plans to raise P15.25 billion from the capital market this financial year on behalf of government. By comparison, the BoB was authorised to raise P7.05 billion for government in the 2023–2024 financial year, or less than half the target for the current financial year.
In the first two auctions of the new financial year, the central bank has already secured P7.5 billion for government from the capital market, continuing a successful streak of fundraising that stretches back to August last year.
