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by bias
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T-bills down as peso stabilizes
by by bias - May 30, 2000 - 12:00am
After several weeks of volatile trading, the country's financial markets calmed down yesterday, with the peso holding steady against the dollar while Treasury bill (T-bill) rates were slightly down.
Government to nominate five PNB directors
by by bias - May 29, 2000 - 12:00am
The government will nominate five persons into the board of Philippine National Bank (PNB) including former Supreme Court Justice Andres Narvasa, former Labor Secretary Nieves Confesor, and Cielo Macapagal, half-sister...
Gov't may be forced to hold on to 12% of PNB
by by bias - May 25, 2000 - 12:00am
The government may end up holding a 12 percent equity in Philippine National Bank (PNB) even after it disposes of its remaining 30 percent stake in the bank if it goes ahead with its plan to tender an offer...
Gov't to reduce T-bill offering
by by bias - May 22, 2000 - 12:00am
After overshooting its programmed domestic borrowings for the first four months of the year by as much as P37.721 billion, the Bureau of Treasury is likely to reduce its weekly Treasury bill (T-bill) offering...
Peso continues to slide
by by bias - May 18, 2000 - 12:00am
Despite the rise in the overnight rates of the Bangko Sentral ng Pilipinas (BSP), the peso remained weak against the dollar, losing another 3.5 centavos to close at P41.665 compared to the previous day's close...
Local interest rates seen to hold steady
by by bias - May 17, 2000 - 12:00am
With inflation under control and the peso relatively stable against the dollar, the Bangko Sentral ng Pilipinas (BSP) may keep its key interest rates unchanged even if the US Federal Open Market Committee (FOMC)...
Manila Bank to be niche player
by by bias - May 4, 2000 - 12:00am
The Manila Banking Corp., the country's third biggest thrift bank, expects to become a commercial bank in the next two to three months following the completion of its merger with TA Bank, Manila Bank senior vice...
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