Central bank has no plans to offer long&term bonds

THE BANGKO SENTRAL ng Pilipinas (BSP) has no plans of issuing long-term securities, its top official said. “We have no plans for that. Now, it’s just a liquidity issue. Longer-term bonds are for financing of say, government operations, but what we are doing now is purely a liquidity effort,” BSP Governor Eli M. Remolona, Jr. […]

Central bank has no plans to offer long&term bonds
THE BANGKO SENTRAL ng Pilipinas (BSP) has no plans of issuing long-term securities, its top official said. “We have no plans for that. Now, it’s just a liquidity issue. Longer-term bonds are for financing of say, government operations, but what we are doing now is purely a liquidity effort,” BSP Governor Eli M. Remolona, Jr. […]