BusinessWorld
January 18, 2021 | 12:01 am
YIELD TRACKER
YIELDS ON government securities traded sideways last week after the Bangko Sentral ng Pilipinas (BSP) signaled it would maintain the low-interest-rate environment until the economy improves.
GS yields inched down by an average of one basis point (bp) week on week, based on the PHP Bloomberg Valuation Service (BVAL) Reference Rates as of Jan. 15 published on the Philippine Dealing System’s website.
At the end of trading on Friday, yields ended mixed across the board with Treasury bills (T-bills) edging down, as the 91-, 182-, and 364-day debt dropped by 0.4 bp, 1.7 bps, and 1.9 bps, respectively, to fetch 1.129%, 1.387%, and 1.607%.
T-bill, bond rates likely to drop | BusinessWorld bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
January 4, 2021 | 12:01 am Font Size
YIELD TRACKER
YIELDS ON government securities (GS) moved sideways during the last trading week of 2020 as market players repositioned after the central bank chief hinted on more policy rate cuts in the medium term.
On average, GS yields â which move opposite to prices â went down by an average of 0.6 basis point (bp) week on week, based on the PHP Bloomberg Valuation Service Reference Rates as of Dec. 29 published on the Philippine Dealing Systemâs website.
Financial markets were closed from Dec. 30 to Jan. 1.
Despite the shortened trading week, yields on nearly all tenors retreated on Tuesday from their Dec. 23 finish except for the 20- and 25-year papers, which went up by 6.9 bps and 7.1 bps, respectively, to fetch 3.965% and 3.95%.
December 28, 2020 | 12:01 am Font Size
YIELD TRACKER
YIELDS ON government securities (GS) ended flat last week with investors focusing on repositioning their bond holdings and digesting new developments on the coronavirus vaccine and the US economy as they gear towards the yearend.
On average, GS yields were down by a basis point (bp) week on week, according to the PHP Bloomberg Valuation Service Reference Rates as of Dec. 23 published on the Philippine Dealing System’s website.
At the secondary market on Friday, yields on the short-end and belly of the yield curve rallied while those in the long-end marginally increased. The rates on the 91-, 182-, and 364-day Treasury bills fell by 1.5 bps, 0.7 bp, and one basis point, respectively, to 1.131%, 1.427%, and 1.713%.
Yields on government debt inch down after BSP meet bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.