T-bill, bond rates may go up on rising oil prices
RATES of Treasury bills (T-bills) and bonds on offer this week could climb further amid rising global crude oil prices due to the conflict...
Gov’t partially awards six-month T-bills
THE GOVERNMENT went with a partial award of the Treasury bills (T-bill) it offered yesterday, finding room to reject higher yields as its retail bond sale has chalked up P173 billion so far.
Reserve Bank of India keeps rates steady, opens door to more easing
INDIA’S CENTRAL BANK left interest rates unchanged for a second straight meeting, while keeping the door open for more easing to support the economy when inflation eases.
Peso up on month-end flows, oil’s decline
THE PESO strengthened against the greenback on Wednesday amid easing oil prices and the month-end dollar flows.
Gov’t looks to float sukuk bonds under Islamic finance framework
THE GOVERNMENT is looking at floating Shari’ah-compliant securities next year, but will still wait for the establishment of a legal framework for Islamic banking, the Department of Budget and Management (DBM) said yesterday.
Gov’t makes full award of T-bills as yields decline on BSP rate cut
THE GOVERNMENT borrowed P15 billion as planned at its Treasury bills (T-bill) auction yesterday, with yields declining across all tenors following the policy rate cut of the Bangko Sentral ng Pilipinas (BSP).
Peso rebounds vs dollar as BSP delivers large interest rate hike
THE PESO strengthened against the dollar on Thursday after the Bangko Sentral ng Pilipinas (BSP) delivered another large increase in benchmark interest rates.
The local...
RCBC offers first tranche of P20-B LTNCD program
RIZAL COMMERCIAL Banking Corp. (RCBC) has started its offer the first tranche of its P20-billion long-term negotiable certificates of deposit (LTNCD) program to raise funds.
LANDBANK donates P20.9M to LGUs affected by typhoon
LAND BANK of the Philippines (LANDBANK) on Friday said it plans to donate P20.9 million to support the recovery of almost 200 local government...
BDO net income up 5% as of September 2017
BDO UNIBANK, Inc. (BDO) posted higher earnings in the first nine months of the year, driven by higher income from its core and fee-based...
Citi gears up for investment surge with new China desk
HONG KONG — Citigroup Inc. will set up a China business desk in India within the year betting on a pickup in investment flows within the Asian region, its Asia-Pacific corporate banking head said, as concerns grow about the impact of a Sino-US trade war.
Peso seen to strengthen vs US dollar
THE PESO is seen to strengthen against the dollar this week as market players expect the local central bank to keep its policy rates steady during its Dec. 13 policy meeting -- the last for the year.