Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
Strong investor demand pushed yields lower at Monday’s treasury bill auction, as easing market concerns over tensions in the Middle East boosted appetite for short-term government debt.
Bureau of the Treasury nudged short-term borrowing costs lower on Monday, rejecting select bids for longer tenors while favoring shorter-dated securities in a calibrated effort to temper yields.
Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
Anticipation of further monetary easing later this week kept Treasury bill yields on a downward path at Monday’s auction, as investors piled into short-dated government debt.
PNB Holdings Corporation (PHC), the real estate arm of Philippine National Bank, has signed a deal with First Gen Group, the country’s leading renewable energy firm, for the direct supply of over 5 megawatts (MW) of clean power to two of its flagship properties, deepening ties between the Lucio Tan Group and the energy company.
NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.
ChatGPT may be doing more than writing emails, brainstorming ideas, and settling arguments about dinner. New research suggests the AI can also create personality tests—and predict how people will answer them.
Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.