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%.
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