Treasury bill yields rose across all tenors at Tuesday’s auction as investors demanded higher returns amid mounting inflation concerns and expectations that the Bangko Sentral ng Pilipinas (BSP) may have to tighten monetary policy further.
Yields on shorter-dated Philippine Treasury bills climbed at Monday’s auction as investors positioned for a possible further monetary tightening by the Bangko Sentral ng Pilipinas (BSP) later this week.
Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.
The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.
Treasury bill yields climbed across all maturities at Monday’s auction as investors priced in the Bangko Sentral ng Pilipinas’ recent rate hike and the prospect of further monetary tightening amid an elevated inflation outlook.
Century Properties Group Inc. (CPG) grew its nine-month net income by 11.4 percent to P2.35 billion as wider operating margins and tax savings from its merger with PHirst Park Homes Inc. offset softer revenues.
Rockwell Land Corp. grew its net income attributable to the parent by 22 percent to P3.8 billion in the first nine months of 2026, as strong residential sales and a surge in commercial revenues boosted earnings.
Citicore Energy REIT Corp. (CREIT) posted P1.03 billion in net income in the first nine months of 2026 and declared a quarterly dividend of P0.049 per share, banking on long-term renewable energy leases to keep earnings and shareholder payouts steady.
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) is making animal welfare part of workplace safety and corporate responsibility, with its CATropa program benefiting more than 800 cats and dogs since its launch in 2024.