Peso strengthens as US stocks post record gains
THE PESO strengthened against the greenback on Thursday after gains in the US stock market.
TDF yields inch higher ahead of RTB offer
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits inched up on Wednesday ahead of the retail Treasury bond (RTB) offering and following the release of the quicker-than-expected June inflation data.
Metrobank to issue $500 million in unsecured 5.5-year dollar debt
METROPOLITAN Bank & Trust Co. (Metrobank) has raised $500 million via its offer of senior unsecured fixed-rate notes to finance its short-term borrowings.
Peso rebounds on lower oil prices
THE peso strengthened against the greenback on Wednesday as oil prices slipped on worries of oversupply.
Gov’t fully awards fresh 10-year bonds
THE GOVERNMENT made a full award of the fresh Treasury bonds (T-bonds) it auctioned off on Tuesday on the back of strong liquidity and benign inflation.
Liquidity expands faster in May
MONEY SUPPLY growth logged a faster pace in May on the back of liquidity-boosting measures from the central bank and the National Government to help the country weather the pandemic’s fallout.
BDO raises $600M from dollar bond offer
BDO Unibank, Inc. saw strong demand for its latest offshore issuance, allowing it to raise $600 million via the fixed rate notes to fund the bank’s dollar-denominated projects.
Peso retreats as inflation picks up in June
THE peso weakened versus the greenback on Tuesday after data showed a faster-than-expected rise in consumer prices in June.
Gov’t upsizes award of T-bills
THE GOVERNMENT hiked the volume of Treasury bills (T-bills) it borrowed on Monday as rates continued to plummet across-the-board.
BDO, Metrobank offering dollar-denominated bonds
BDO UNIBANK, Inc. (BDO) and Metropolitan Bank & Trust Co. (Metrobank) are offering 5.5-year dollar-denominated bonds to raise funds for business purposes and to refinance liabilities, the banks said in separate disclosures on Monday.
RCBC eyes at least P3 billion from two-year bonds
RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to raise P3 billion in fresh funds as it taps the domestic bond market for the second time this year.
Peso closes at three-year high ahead of inflation data
THE PESO rallied to log its best close against the greenback since 2016 on expectations of continued benign inflation, even as prices of some commodities went up.