Philippines planning debt swap, repo: Treasurer
He says there is need to push for initiatives to boost trading volumes in debt market and improve yield curve
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Manila
THE Philippines plans a peso-denominated debt exchange to trim the number of its outstanding securities while seeking to let banks engage in bond repurchases to help reinvigorate the market, Treasurer Roberto Tan said.
"The country's strong economic and fiscal fundamentals must be reflected in the secondary debt market, but the volumes have become volatile," Mr Tan said in an interview on Saturday at the central Philippine island of Mactan, Cebu. "We need to address this, push for initiatives to boost trading volumes and improve the yield curve."
Share with us your feedback on BT's products and services
