THE BANGKO SENTRAL ng Pilipinas (BSP) and Bankers Association of the Philippines (BAP) will enhance the interest rate swap market and the repurchase agreement (repo) market for government debt to improve benchmarks for a smoother yield curve. “This year, we are introducing an enhancement in the Philippine Interest Rate Swap (Peso IRS) instrument and the […]
THE BANGKO SENTRAL ng Pilipinas (BSP) and Bankers Association of the Philippines (BAP) will enhance the interest rate swap market and the repurchase agreement (repo) market for government debt to improve benchmarks for a smoother yield curve. “This year, we are introducing an enhancement in the Philippine Interest Rate Swap (Peso IRS) instrument and the […]