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%.