Tag: BSP
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Profit-taking weighs down stocks; peso finish higher
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.
Rate cut anticipation drive T-bill rate slide
Expectations of further easing by the Bangko Sentral ng Pilipinas are rippling through the debt market, pushing treasury bill yields lower and fueling strong demand at the latest auction.
Inflation creeps up in January as bills bite back
Headline inflation in the Philippines nudged higher to 2.0 percent in January, a gentle but telling start to the year.
Rate-cut expectations pull T-bill yields down
Treasury bill yields continued to ease at Monday’s auction as investors positioned for a possible shift toward monetary easing by the Bangko Sentral ng Pilipinas (BSP) amid weakening economic momentum.
Treasury bill yields slip as easing bets build
Average rates on Philippine treasury bills fell across the board at Monday’s auction, as investors positioned for the possibility of further monetary easing amid signs that economic growth may be losing steam.
