THE NATIONAL GOVERNMENT is looking to borrow P735 billion from the domestic market in the second quarter, the Bureau of the Treasury (BTr) said on Thursday.
In a notice on its website, the BTr said it seeks to raise P325 billion from Treasury bills (T-bills) and P410 billion via Treasury bonds (T-bonds) in the April-to-June period.
The domestic borrowing plan for the second quarter is 16.85% higher than the P629-billion program for the first quarter. It is also 3.23% up from the P712 billion raised in January to March this year.
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