Economy

PSEi up, peso sideways ahead of US holiday

By Joann Villanueva/PNA MANILA -- The Philippine Stock Exchange index (PSEi) recovered Thursday ahead of the Thanksgiving holiday in the US but the peso ended sideways. PSEi ended the day at 7,268.38 points, up...

PH T-bond rate down due to strong demand

By Joann Villanueva/PNA MANILA -- The rate of the Philippines’ five-year Treasury bond (T-bond) fell by 34 basis points Wednesday, attracting a large amount of bids, which in-turn prompted the auction committee to...

TDF rates, bid coverage ratio up

By Joann Villanueva/PNA MANILA -- The rates of Bangko Sentral ng Pilipinas’ (BSP) Term Deposit Facility (TDF) rose across-the-board Wednesday in line with the rise of central bank’s key policy rates. Rate of the...

Trading week begins on a positive note

By Joann Villanueva/PNA MANILA -- Hopes for a continued rise in interest rates here and in the US boosted the Philippine peso, while clear indications that inflation pressures have waned backed the Philippine...

BSP clearing, settlement ops open on Tuesday

By Joann Villanueva/PNA MANILA – The clearing and settlement operations of the Bangko Sentral ng Pilipinas (BSP) will continue Tuesday even after regular work has been suspended by the local government due to...

Rates of PH T-bills up further

By Joann Villanueva/PNA MANILA -- The Bureau of the Treasury’s (BTr) auction committee fully awarded all tenors of its Treasury bills (T-bills) Monday even with the uptick in rates. Average rate of the bellwether...

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