Average yields on treasury bills continued to ease at Monday’s auction, supported by growing expectations of further monetary policy loosening amid slowing inflation.
Union Bank of the Philippines, the country’s 9th largest lender by assets, began the public offering on Wednesday of its latest debt securities—aiming to raise at least P10 billion to support funding needs.
The outstanding debt of the national government increased to P16.753 trillion as of end-April 2025, a 0.41 percent or P68.69 billion rise from the previous month. The April figure was 4.4 percent higher than the P15.017 trillion posted in the year-earlier period.
The Bangko Sentral ng Pilipinas (BSP) has received the prestigious “Best New Banknote or Banknote Series” award from the International Association of Currency Affairs (IACA) for its First Philippine Polymer Banknote Series (FPPBS), recognized during a ceremony in Bangkok on 28 May.