Banking & Insurance
BTr to proceed with T-bill auction but drops T-bond next week
The Bureau of the Treasury will proceed with the regular treasury bill auction on Monday but has cancelled an earlier plan to offer 10-year treasury bond next week.
BSP confirms forecast and maintains policy settings
The policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) on Thursday decided to keep its borrowing rate unchanged at 6.50 percent, confirming market forecasts. As at result, the interest rates on overnight deposits and lending facilities were kept at 6 percent and 7 percent, respectively.
BSP, Deutsche Bundesbank formalize capacity building ties
The Bangko Sentral ng Pilipinas (BSP) and the Deutsche Bundesbank, the central bank of the Federal Republic of Germany, are partners in a capacity building program for BSP personnel under a recently signed memorandum of understanding.
BTr sets coupon on new 5Y, retail bonds at 6.25%; public offer ends Feb. 23
The Bureau of the Treasury (BTr) on Tuesday set at 6.25 percent the coupon rate on the new five-year, peso-denominated, fixed-rate retail treasury bond that it will offer to the public until 23 February.
Bank of Korea board member Hwang flags real estate, household debt risks
Bank of Korea board member Hwang Kun-il said on Tuesday the country's real estate and household debt-related risks remain elevated, while inflation is far exceeding the central bank's target.
