Gov’t fully awards T-bills at mostly steady rates
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mostly steady rates amid strong demand for short-term...
BPI looks to raise P5 billion from sustainability bond offer
BANK of the Philippine Islands (BPI) is looking to raise at least P5 billion from an offering of fixed-rate sustainability bonds in May.
The listed...
PNB’s net earnings rise to P6.1B in Q1
PHILIPPINE NATIONAL BANK’S (PNB) consolidated net income rose by 14.77% year on year in the first quarter on the back of its core businesses’...
UnionBank books lower net income in 1st quarter
UNION BANK of the Philippines, Inc. (UnionBank) booked a net income of P1.43 billion in the first quarter, it said on Monday.
UnionBank’s profit in...
Peso drops vs dollar before key US data
THE PESO weakened on Monday as the dollar held on to its recent gains as markets await the release of key US data and...
T-bills, bonds may fetch weaker demand after jumbo note issue
RATES of the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be auctioned off this week may move sideways as demand could weaken following...
Rates of central bank securities end lower with both tenors oversubscribed
YIELDS on the central bank’s short-term securities ended lower on Friday, with strong demand seen for both tenors.
The Bangko Sentral ng Pilipinas (BSP) bills...
Gov’t debt yields mixed as market stays volatile
YIELDS on government securities (GS) traded on the secondary market ended mixed last week amid the continued volatility caused by global trade uncertainties and...
Peso to move sideways before key US, PHL data
THE PESO may trade sideways against the dollar this week as investors await the release of key US and Philippine economic data.
The local unit...
BDO books P19.7-billion net profit in Q1
BDO UNIBANK, Inc. saw its net income rise by 6.49% in the first quarter on the back of the sustained performance of its core...
EastWest Bank bullish on sustained profit growth
EAST WEST Banking Corp. (EastWest Bank) is bullish on sustained double-digit profit growth this year, barring any external shocks amid the uncertain global economic...
InstaPay, PESONet transactions up 39%
THE VALUE of InstaPay and PESONet transactions climbed by 38.8% year on year as of end-March, data from the Bangko Sentral ng Pilipinas (BSP)...