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.
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.
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.
Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.
Treasury bill yields slipped further at Monday’s auction, with the rate on the one-year paper breaking below 5 percent as investors priced in expectations of monetary policy easing by the Bangko Sentral ng Pilipinas (BSP) later this week.
Business tycoon Manuel V. Pangilinan returned to his hometown of Apalit, Pampanga to personally distribute relief packs to families displaced by severe flooding caused by days of heavy Habagat rains.
Millions of Filipinos suffer persistent heartburn and regurgitation that disrupts meals and sleep—problems that often continue despite daily medication, a condition called Refractory GERD.
Pepsi-Cola Products Philippines, Inc. (PCPPI) is growing its beverage range with the expanded Lipton Soda line—a sparkling tea that blends the well-known taste of Lipton iced tea with the light fizz of soda for a fun, refreshing experience.
PLDT Home has expanded its fiber network to Camotes Island, delivering reliable broadband to communities across San Francisco, Poro and Tudela. Known as the “Lost Horizon of the South,” the island is a popular tourist spot famed for its beaches and natural scenery.