Banking & Insurance
BPI sets P5B fixed-rate bond offer; bond sale starts Oct 17
The Bank of the Philippine Islands intends to offer and issue P5 billion of peso fixed-rate bonds due 2025, with an option to upsize.BPI said...
RCBC cautions public on Quishing
Cyberattacks continue to evolve and have become increasingly sophisticated and deceptive. Fraudsters tirelessly seek new ways to scam in their pursuit of sensitive information and financial gain.
Treasury sets auction of $200M 5.5-year retail dollar bond Wed
The Bureau of Treasury will start on Wednesday a one-week offer of US dollar bonds to retail investors to raise around $200 million from 5.5-year US dollar bonds for budget support.
Treasury bill yields rise at auction; market watching BSP rate action
Treasury bill yields were higher at Monday’s auction after the Bangko Sentral ng Pilipinas’ warning last week it might raise interest rates in November if inflation continues to rise.
BSP rules out any more deposit reserve cut for thrift banks
The Bangko Sentral ng Pilipinas ruled out any more reduction in the deposit reserve requirement of thrift banks, saying that at 2 percent, the mandatory reserves are already low.
