Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
Yields on treasury bills continued their downward trend at Monday’s auction, driven by expectations of further monetary policy easing amid signs of cooling inflation.
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The Bangko Sentral ng Pilipinas (BSP) said it will temporarily suspend the operation of Coin Deposit Machines (CoDMs) in select malls starting June 17 to conduct a comprehensive review aimed at enhancing the coin recirculation program.
Rice prices continued to ease in early May, indicating a potential further slowdown in inflation after headline inflation decelerated in April to its slowest pace since November 2019.
Treasury bill yields fell across all tenors at Monday’s auction, as the sharp deceleration in April inflation heightened expectations of potential monetary policy easing.
Aboitiz Renewables Inc., the clean energy arm of Aboitiz Power Corp., has been voted Independent Power Producer of the Year at the Enlit Asia Power & Energy Awards 2026.
The Alas Pilipinas national men’s volleyball team put up a gallant stand before dropping a tight contest in straight sets, 16–25, 25–27, 22–25, to South Korea in their opening match of the 20th Asian Games Aichi-Nagoya on Sunday.
The Department of Agriculture (DA) reports initial damage from the ongoing El Niño has reached P6.87 billion, hitting crops and livelihoods across the country and raising concerns over food supply and consumer prices.