US Treasury’s 20-year reboot drives troubleshooting across yield curve
THE US TREASURY’S plan to reboot its 20-year bond clarified how the government will fund a $1-trillion deficit, but also raised questions about the decision’s ramifications elsewhere in the market.
BSP extends effectivity of relief measures for banks amid crisis
THE CENTRAL BANK has extended the implementation of a higher single borrower’s limit and less stringent rules on recognizing bad loans to continue providing relief to lenders as the coronavirus crisis stretches on.
Gov’t makes full award of T-bills as rates drop
THE GOVERNMENT fully awarded the Treasury bills (T-bill) on offer yesterday, with rates slipping across all tenors as market participants await the trade meeting between the United States and China later this week.
BSP delays implementation of new standards for real estate, project finance
The Bangko Sentral ng Pilipinas (BSP) has pushed back the implementation of tighter standards for banks in reporting real estate loans and project finance.
The...
T-bill, bond rates to move sideways on Fed bets
RATES of government securities on offer this week may move sideways on expectations of a less hawkish US central bank amid recession fears, with longer tenors to attract most of the demand as investors seek higher returns.
Central bank mops up P1.54 trillion in liquidity via monetary operations
THE BANGKO SENTRAL ng Pilipinas (BSP) has siphoned off P1.544 trillion in excess money supply from the market through its monetary operations as of...
Central bank allows UITFs with foreign funds to invest in BSP securities
TRUST ENTITIES’ (TE) unit investment trust funds (UITFs) with minimal foreign participants may now invest in central bank-issued securities traded in the secondary market as part of the Bangko Sentral ng Pilipinas’ (BSP) efforts to manage liquidity in the face of rising inflation.
Yields flat ahead of RTBs
YIELDS on government securities (GS) were flat last week ahead of the government’s retail Treasury bond (RTB) offering.
UCPB sees 15-20% net income growth this year driven by consumer business
By Melissa Luz T. Lopez,
Senior Reporter
THE United Coconut Planters Bank (UCPB) is looking to sustain double-digit income growth this year via robust consumer loans,...
Filipinos trust e-wallets despite issues
FILIPINOS continue to trust e-wallets and use them frequently for low-value transactions despite encountering issues with them in the past six months, a survey...
AI-powered credit scoring
By James Patrick Q. Bonus
In popular culture, artificial intelligence (AI) is often depicted as a futuristic technology with the potential to revolutionize our world. From the self-aware robots...
CIMB Bank PH expects to double profit this year
CIMB BANK Philippines, Inc. (CIMB Bank PH) expects to double its profit this year as it looks to launch new features and services on...