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.
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.
The country’s four-month streak of slowing price increases is poised to come to a sharp halt, with headline inflation projected to accelerate to 6.9 percent year-on-year in September, up from 6.1 percent in August.
Pag-IBIG Fund and Megawide Construction Corp. have reached a key construction milestone for the Expanded Pambansang Pabahay para sa Pilipino Program (4PH), with two buildings at JAB Residences in Dasmariñas City, Cavite completing their main structural works.
Megawide Dreamrise Residences Inc., an arm of listed firm Megawide Construction Corp., will turn over 500 housing units in Dasmariñas, Cavite, before the end of 2026, bringing much-needed affordable homes closer to many low-income Filipino families. These units form part of the 7,410 the company aims to complete under the government’s Expanded Pambansang Pabahay Para sa Pilipino, or 4PH Program, which pushes for modern, efficient socialized housing built with advanced construction methods.
This Teacher’s Month, AIA Philippines, The Medical City, ABS-CBN Foundation, and the DepEd Schools Division of San Jose del Monte launched the Hope Mobi Clinic, offering free breast cancer screening to 100 public school teachers in Bulacan. A formal Memorandum of Understanding signing solidified the partners’ shared goal of bringing breast health care closer to communities.