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.
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
Average rates on treasury bills were lower at Monday’s auction, reflecting expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
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Philcement Mindanao Corp. is commissioning its P2-billion cement plant in Davao del Norte this month, with full operations targeted in October and a formal launch in November, adding up to two million metric tons of annual capacity to Mindanao’s construction materials market.
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Bangko Sentral ng Pilipinas Governor Eli M. Remolona, Jr. has secured an “A-” rating in Global Finance magazine’s 2026 Central Banker Report Cards, marking his third consecutive year of receiving this distinction from the international publication.