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.
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
Philippine Treasury bill yields slipped further at Monday’s auction, as investor sentiment remained buoyed by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of more easing ahead.
Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.
Yields on Treasury bills continued to ease at Monday’s auction, following the Bangko Sentral ng Pilipinas’ (BSP)decision last week to lower benchmark interest rates.
The payment app of Mynt is set to launch a dedicated digital marketplace for returning overseas Filipinos, creating new livelihood opportunities and helping migrant workers