Treasury bill yields up at auction on BSP rate hike; all tenders for bond rejected
The National Treasury rejected some of the tenders treasury bills and all the bids for the 10-year bonds at the auction Tuesday, where market participants sought higher yields following the off-cycle decision of the Bangko Sentral ng Pilipinas to raise its benchmark interest rates to tame inflation.
BSP forecasts inflation as low as 5.1% in October
The Bangko Sentral ng Pilipinas (BSP) forecasts inflation to have eased in October and should not top 5.9 percent or significantly lower than the headline print of 6.1 percent in September.
Aboitiz Equity 9-month earnings drop 16% on lower one-off gains
Aboitiz Equity Ventures Inc. said Tuesday net income dropped 16 percent year-on-year to P18 billion in the first nine months as non-recurring gains dropped significantly this year.
“Bomb jokes are dumb”
AirAsia Philippines on Tuesday reminds its guests to refrain from bomb jokes and strictly follow security protocols in the airports for hassle-free travel.
Treasury bill yields up at auction on BSP rate hike; all tenders for bond rejected
The National Treasury rejected some of the tenders treasury bills and all the bids for the 10-year bonds at the auction Tuesday, where market participants sought higher yields following the off-cycle decision of the Bangko Sentral ng Pilipinas to raise its benchmark interest rates to tame inflation.
