ASEAN+3 Bond Market Guide 2017: Philippines, Paperback / softback Book

ASEAN+3 Bond Market Guide 2017: Philippines Paperback / softback

Part of the ASEAN+3 Bond Market Guide series

Share

Description

This report is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from the Philippines. The Philippine domestic bond market consists of short- and long-term bonds, mainly issued by the Government of the Philippines.

The Philippine bond market is dominated by Treasury Bills and Treasury Bonds.

Although the size of the Philippine corporate bond market is still small relative to government bonds, it has been growing rapidly over the years. On 3 June 2016, the Bangko Sentral ng Pilipinas (BSP) formally adopted an interest rate corridor (IRC) system as a framework for conducting its monetary operations.

The IRC is a system for guiding short-term market rates toward the BSP policy interest rate, which is the overnight reverse repurchase (RRP) rate.

Information

  • Format: Paperback / softback
  • Pages: 116 pages
  • Publisher: Asian Development Bank
  • Publication Date:
  • Category: Regional studies
  • ISBN: 9789292579692

£21.29

Free delivery within the UK
Free
Standard Delivery
Within the UK

Also by Asian Development Bank   |  View all

Also in the ASEAN+3 Bond Market Guide series