For disaster resilience The Asian Development Bank (ADB) has approved a new loan allowing the Philippines to quickly access emergency financing in the event of disasters triggered by natural hazards and public health emergencies. In a statement, the Manila-based financial institution announced...
Philippine borrowers are looking to raise fewer bonds overseas in the coming months, taking away a pillar of strength for the peso. The peso led the advance among Asian currencies this year with 4.3% gains as the nation’s borrowers raised a record $11.4 billion dollars via international bond sales...
Starting with P20 billion MB file photo. For the first time since the “JOBO” Bills in the 1980s, the Bangko Sentral ng Pilipinas (BSP) will issue P20 billion of 28-day BSP Bills on September 18 as an additional monetary instrument to manage market liquidity. The BSP said the initial offering...
The Bureau of the Treasury said the government will closely coordinate with the Bangko Sentral ng Pilipinas (BSP) for the issuance of their respective debt papers. National Treasurer Rosalia De Leon said yesterday that the local financial market is awash with cash and can accommodate the...
The Bangko Sentral ng Pilipinas (BSP) has raised the term deposit facility (TDF) offer volume this week to P360 billion from P310 billion last September 2, with results still at oversubscribed levels while yields are mixed. The TDF had P541.44 billion tenders. The 7-day tenor has a higher volume...