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).
Treasury bill rates held steady at Monday’s auction as the market awaited fresh inflation data expected to influence the direction of monetary policy.
The May...
Average rates on treasury bills declined at Monday’s auction as demand picked up, following signals from the Bangko Sentral ng Pilipinas (BSP) that interest rates may be cut further amid slowing inflation.
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.
Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.
San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.