Average rates on Treasury bills were mixed in Monday's auction, with six-month and 12-month debt papers seeing a softening of yields due to expectations of further rate cuts by the Bangko Sentral ng Pilipinas (BSP). However, uncertainty continued to push yields on three-month bills higher.
Average rates on Treasury bills (T-bills) increased during Monday's auction, ahead of the March inflation data release and the upcoming Bangko Sentral ng Pilipinas (BSP) monetary policy meeting.
Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.
SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.
Listed real estate developer LFM Properties Inc. is planning to raise at least P1 billion through a stock rights offering as it gears up for expansion.
Individuals and an organization in the Philippines have been named recipients of the 2025 Japan Foreign Minister’s Commendation, an esteemed recognition given to personalities that have made outstanding contributions to deepening mutual understanding and strengthening ties with Japan.
Bank of the Philippine Islands (BPI) president and CEO Jose Teodoro “TG” Limcaoco visited Rodamel Drugstore in Tuguegarao to highlight the bank’s push toward more inclusive, community-based banking through its “May BPI Dito” initiative.