Yields on BSP bills edge up
By Luz Wendy T. Noble, Reporter
Rates for the fully-awarded short-term debt instruments of the Bangko Sentral ng Pilipinas (BSP) slightly rose on Friday, following...
A $13-trillion crisis-era debt bill comes due for the biggest economies
THE WORLD’S biggest economies shouldering record debt burdens are about to confront an unwelcome legacy of the financial crisis: a $13-trillion debt bill.
T-bill rates may move sideways on strong demand and liquidity
YIELDS ON short-term government securities to be offered by the Bureau of the Treasury (BTr) on Monday may remain steady on the back of continued strong demand and high liquidity in the market.
China Bank looking to raise up to P100 billion over three years
CHINA BANKING CORP. (China Bank) is looking to raise up to P100 billion through peso-denominated bonds over the next three years to support its business expansion.
Yields on gov’t debt drop
YIELDS on government securities (GS) moved sideways last week as investors reacted to the stronger peso and financial market developments abroad.
Peso drops ahead of trade talks
THE PESO weakened against the dollar on Wednesday as investors continued to monitor trade talks between China and the United States as the local market reopened after a holiday.
DBS sees hikes worth 75 bps from BSP in 2019
A GLOBAL BANK sees additional rate hikes from the Bangko Sentral ng Pilipinas (BSP) in 2019, citing the need to keep up with rising global yields despite the string of rate increases fired off this year.
Yields on one-week term deposits drop
YIELDS on the one-week term deposits eased on Wednesday as the central bank lowered the volume of its facility to a record low.
Rediscount borrowings by banks decline in May
BANKS TOOK less loans out of the central bank’s rediscount window in May, with the credit going to their purchases and commercial credits.
Fear of retirement poverty drives Japanese to private pensions
JAPANESE households are rushing to private retirement products after a government report fueled fears that the national pension system won’t be enough to support them during old age.
SSS wants to cover more informal sector workers
THE state-run Social Security System (SSS) wants to include workers in the informal sector in its pension coverage as part of a plan to improve the system.
Bangko Sentral net income slips at end-November
THE CENTRAL BANK’S net profit as of November slipped compared to the previous year as gains from currency fluctuations decreased.