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                    [ArticleID] => 98989
                    [Title] => BAP sets up asset trading desk
                    [Summary] => 

Instead of setting up a liquidity pool, the Bankers Association of the
Philippines (BAP) has put up an asset trading desk that would enable banks
suffering from huge withdrawals to immediately sell their holdings of
commercial papers and other debt instruments, BAP Executive Director Leonilo
Coronel told The STAR yesterday.

"Contrary to what was reported, we are not pooling funds. We have tried it
before and it is hard to do because of credit considerations.
                    [DatePublished] => 2000-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1197311
                    [AuthorName] => by Jun Ebias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

EXECUTIVE DIRECTOR LEONILO

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                    [ArticleID] => 98989
                    [Title] => BAP sets up asset trading desk
                    [Summary] => 

Instead of setting up a liquidity pool, the Bankers Association of the
Philippines (BAP) has put up an asset trading desk that would enable banks
suffering from huge withdrawals to immediately sell their holdings of
commercial papers and other debt instruments, BAP Executive Director Leonilo
Coronel told The STAR yesterday.

"Contrary to what was reported, we are not pooling funds. We have tried it
before and it is hard to do because of credit considerations.
                    [DatePublished] => 2000-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1197311
                    [AuthorName] => by Jun Ebias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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BAP sets up asset trading desk

By by Jun Ebias | May 11, 2000 - 12:00am

Instead of setting up a liquidity pool, the Bankers Association of the Philippines (BAP) has put up an asset trading desk that would enable banks suffering from huge withdrawals to immediately sell their holdings...

Business