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.
Maharlika Investment Corp. (MIC) has deployed about P25.4 billion since it began investing, with its acquisition of listed port operator Asian Terminals Inc. (ATI) forming the foundation of a broader port and logistics platform for the Philippines.
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.
Toyota Motor Philippines Corp. (TMP) hit a record 63,803 locally assembled vehicles in 2025 as its Next Generation Tamaraw helped expand domestic sourcing and business opportunities for parts suppliers, body builders, and small enterprises.
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.