THE GOVERNMENT partially awarded the fresh Treasury bonds (T-bonds) it offered on Tuesday as players continued to ask for higher returns on expectations of more rate hikes from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve. The Bureau of the Treasury (BTr) raised P34.892 billion via the fresh 10-year T-bonds it auctioned […]
Tag: week
BTr makes partial award of reissued 7-year bonds
THE GOVERNMENT partially awarded the reissued seven-year Treasury bonds (T-bonds) it offered on Tuesday as investors continued to ask for higher rates after inflation surged above 5% in May. The Bureau of the Treasury (BTr) raised just P25.189 billion from its offer of the seven-year securities on Tuesday, below the programmed P35 billion, even as […]
Opening of “Lexus: Sparks of Tomorrow” at the 2022 Milan Design Week
TOKYO, Jun 6, 2022 – (JCN Newswire via SEAPRWire.com) – Today Lexus unveiled its exhibit at the 2022 edition of Milan Design Week, showcasing the brand’s design philosophy and exemplifying Lexus’ commitment to sustainability. This year’s event, Lexus: Sparks of Tomorrow, presents a trio of design explorations, all inspired by Lexus’ human-centered, future-oriented approach to […]
Yields on government debt rise as central bank hikes borrowing costs
YIELDS on government securities (GS) rose across the board last week after the Bangko Sentral ng Pilipinas (BSP) hiked benchmark rates to contain rising inflation. GS yields, which move opposite to prices, jumped by an average of 17.45 basis points (bps) week on week, based on the PHP Bloomberg Valuation (BVAL) Service Reference Rates as […]
Treasury bills partially awarded as rates increase
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Tuesday as yields continued to rise due to higher-than-expected inflation, which fueled expectations of an earlier rate hike from the Bangko Sentral ng Pilipinas (BSP). The Bureau of the Treasury (BTr) only awarded P5 billion in T-bills at its auction on Tuesday even as […]
Stronger peso seen as market expects Q1 economic growth
THE peso may strengthen versus the greenback this week as analysts await the release of first-quarter economic growth data, although this could be offset by risk-off sentiment ahead of official election results. The local unit closed at P52.50 per dollar on Friday, weaker by 11.5 centavos from its P52.385 finish on Thursday, based on Bankers […]
Yields rise on Fed moves, April inflation data
By Lourdes O. Pilar, Researcher YIELDS on government securities (GS) climbed across the board last week as investors turned cautious following the US Federal Reserve’s latest rate hike and after local April inflation print went above market expectations. GS bond prices dropped as yields rose by a week-on-week average of 15.92 basis points (bps), based […]
Rejoice celebrates Visayan beauty with Gwapang Rejoice girl feature of the week
HOME e of breathtaking views, remarkable beaches, and delectable dishes, the Visayas region is also a beauty powerhouse with different queens making it in the national scene. And to celebrate the beauty of Visayan girls, P&G shampoo brand Rejoice amplifies its campaign, #RejoiceGirlGwapaKaDai — a first of its kind in the region.The #RejoiceGwapaKaDai campaign introduced […]
Reviving Holy Week traditions
Have you seen the carrozas of saints line up the open space in front of the church as the religious faithful hear mass prior to the solemn foot processions or vendors selling candles mixing up with those who could no longer be admitted inside the jam-packed churches? All these hustle and bustle—with the iconic church […]
Palma urges faithful to be sincere in observing Holy Week
THE faithful must be sincere and passionate in their observance of the Holy Week.This was Cebu Archbishop Jose Palma’s message during the Palm Sunday mass held at the Cebu Metropolitan Cathedral in Cebu City on April 10, 2022.In his homily, Palma reminded the faithful of the importance of Holy Week and Jesus Christ’s unconditional love […]
Cebu City execs to watch out for ‘binignit’ gatherings in Carbon
WITH the Holy Week just a few days away, Cebu City officials plan to deploy more personnel at the Carbon Public Market to prevent massive crowding there.Cebu City Market Administrator Raquel Arce told SunStar Cebu they will need more people to secure the market to prevent a repeat of what occurred in previous years when […]
Yields on government debt climb on expectations of faster inflation
YIELDS on government securities (GS) went up across the board last week on expectations of faster inflation and potential rate hikes by various central banks. GS yields, which move opposite to prices, went up by an average of 5.54 basis points (bps) week on week, according to the PHP Bloomberg Valuation Service Reference Rates as […]
Treasury bill, bond rates to rise further amid inflation concerns
RATES of government securities are expected to increase this week due to inflationary pressures caused by the Russian invasion of Ukraine. The Bureau of the Treasury (BTr) will offer P15 billion in Treasury bills (T-bills) on Monday, or P5 billion each in 91-, 182- and 364-day securities. On Tuesday, it will auction off P35 billion […]
Australian unemployment drops to 4% in boost for rate hawks
AUSTRALIA’S jobless rate fell to a 13-1/2 year low as the economy added more jobs than expected last month, in a result that’s likely to embolden hawks who are predicting an interest-rate increase as early as June. Unemployment declined to 4% in February, the lowest level since August 2008, Australian Bureau of Statistics data showed on Thursday. […]
Yields climb on Russia-Ukraine crisis
By Lourdes O. Pilar, Researcher YIELDS on government securities (GS) increased last week as investors were cautious amid developments abroad after Russia invaded Ukraine. GS yields rose by 8.38 basis points (bps) on average week on week, based on PHP Bloomberg Valuation Service Reference Rates as of March 11 published on the Philippine Dealing System’s […]
Bolick named PBA Player of the Week
DO-IT-ALL guard Robert Bolick has been deemed the PBA Player of the Week for the period of March 2-6, 2022 for his superb efforts that has his team, the Northport Batang Pier, on the cusp of making it to the playoffs.Fresh from his stint with Gilas Pilipinas in the Manila qualifiers of the 2023 Fiba […]
Gwen eyes easing restrictions on church’s activities
CEBU Gov. Gwendolyn Garcia is planning to ease the restrictions earlier imposed on churches when the province was still under higher alert levels due to the coronavirus disease (Covid-19) now that the Lenten Season has already started.Holy Week is approaching and Garcia is eyeing to bring back church activities such as Visita Iglesia, the religious […]
Wright named PBA Player of the Week
PHOENIX Super LPG star Matthew Wright garnered the PBA Player of the Week honor after his scintillating performance against the powerhouse TNT Tropang Giga last weekend, which he c…
Digital Week 2.0: Largest Coming Together of Southeast Asia’s Digital Future
Singapore, Feb 11, 2022 – (ACN Newswire via SEAPRWire.com) – The year 2021 can be termed as one of “Resurgence”. Lives, businesses all saw a resurgence to some extent, even as Covid-19 continued to ravage many economies and livelihoods. If the year 2020 was when organisations began their internal digital transformation journey, in 2021- forward […]
M Lhuillier conducts relief operations to aid victims of Typhoon Odette
ON THE week leading up to Dec. 17, 2021, Typhoon Odette was slated to enter the Philippine area of responsibility and pass through the Visayas and parts of Mindanao.Warnings were i…