Average rates of Treasury bills (T-bills) were either steady or lower at the auction Monday, with strong demand and benign inflation expectation easing yields on longer-dated T-bills.
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.
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.