Gov’t makes full award of fresh 7-year bonds on robust demand
THE GOVERNMENT made a full award of the Treasury bonds (T-bonds) it offered on Tuesday and opened its tap facility to borrow more as the auction attracted strong demand.
No need to reduce thrift banks’ MLR, BSP says
THE BANGKO SENTRAL ng Pilipinas (BSP) will not cut the minimum liquidity ratio (MLR) of thrift banks despite calls for its reduction from the...
TDF yields dip as demand soars
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) dipped anew amid higher bids as liquidity improved.
Treasury bill rates to move sideways on RTB bets
RATES OF THE Treasury bills (T-bill) on offer today will likely move sideways as market players anticipate a possible retail Treasury bond (RTB) sale.
Impact of US tariffs, trade tensions on Asia-Pacific banks to be manageable
THE IMPACT of higher US tariffs and ongoing global trade tensions on banks in Asia-Pacific, including the Philippines, is expected to be “manageable” as...
Term deposit yields go down as inflation slows
YIELDS on the central bank’s term deposits dropped on Wednesday following better-than-expected September inflation data that could strengthen the case for further policy easing.
The...
Gov’t rejects bids for bonds as rates rise on hawkish BSP
THE GOVERNMENT rejected all bids for the reissued 20-year Treasury bonds (T-bonds) it auctioned off on Tuesday as investors asked for higher yields amid...
Peso drops on tensions
THE PESO weakened on Wednesday amid worsening political tensions in Hong Kong and negative developments in the US-China trade negotiations.
Peso rallies vs dollar on trade data
THE PESO rallied versus the dollar on Thursday amid data showing slower growth in the country’s imports, which could mean decreased demand for the greenback.
Peso sinks as OPEC+ calls off output talks
THE PESO extended its losing streak versus the dollar on Wednesday amid a deadlock in oil output talks and growing concerns over new variants of the coronavirus disease 2019 (COVID-19).
Manulife, MCBL launch new insurance product with yearly payouts
THE MANUFACTURERS Life Insurance Co. (Phils.), Inc. (Manulife Philippines) and Manulife China Bank Life Assurance Corp. (MCBL) have launched a single-payment insurance product with...
Peso gains vs dollar on improved outlook for PHL banking sector
THE PESO strengthened against the greenback on Wednesday after Moody’s Investors Service raised its outlook on the local banking industry.