Average rates on treasury bills drifted lower at the auction Monday as demand continued to increase after the central bank confirmed its commitment to further monetary policy easing this year.
Strong demand for Treasury bills (T-bills) at Monday’s auction led to a drop in average rates for shorter-dated securities while keeping the yield on one-year paper stable. The Bureau of the Treasury received tenders worth ₱90.6 billion for the ₱22 billion in bills offered, a sign of robust investor appetite.
Stronger regional alliances and inclusive maritime governance are vital to ensuring peace, security, and sustainability in the Indo-Pacific, experts said during a recent high-level forum hosted by the Stratbase Institute and the French Embassy in Manila.
The New NAIA Infra Corp. (NNIC) unveiled a new 6,000-square-meter Mezzanine Food Hall at Terminal 3 of Ninoy Aquino International Airport, marking a major step in the airport’s ongoing transformation.
Households and businesses should brace for higher electricity bills in 2025 following two major rulings by the Energy Regulatory Commission (ERC) which will directly impact power rates across the country.