Average Treasury bill rates slipped at Monday’s auction, coming in below secondary-market levels after the Bangko Sentral ng Pilipinas (BSP) moved to further ease monetary policy.
Average rates on Treasury bills eased in Monday’s auction as investors positioned for potential monetary policy cuts by both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve later this month.
Average rates on Treasury bills ended mixed at Monday’s auction, with the yield on the one-year tenor continuing to drift lower amid expectations of further monetary easing.
Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.
Average rates on Treasury bills moved in mixed directions at Monday’s auction, as investors reacted to signals from the U.S. Federal Reserve that it may hold off on cutting interest rates in December.
The Government Service Insurance System (GSIS) is offering a loan program to help members install solar panels and reduce their monthly electricity bills.
The International Criminal Court’s Appeals Chamber has rejected the bid of former president Rodrigo Duterte to block the tribunal's jurisdiction, clearing the way for trial proceedings to continue.
The Energy Regulatory Commission (ERC) has issued a final decision directing Manila Electric Company (Meralco) to fast-track the refund of P14.17 billion to its customers.
Japanese Ambassador Endo Kazuya met with Pasig City Mayor Victor Ma. Regis “Vico” Sotto at the temporary Pasig City Hall to discuss ongoing cooperation and future partnerships.