BusinessWorld
December 14, 2020 | 12:01 am
YIELD TRACKER
YIELDS ON government securities (GS) ended flat on Friday from week-ago levels amid a lack of fresh leads that would spur demand for debt papers.
GS yields fell by 1.9 basis points (bps) on average week on week, based on the PHP Bloomberg Valuation (BVAL) Service Reference Rates as of Dec. 11 published on the Philippine Dealing System’s website.
“The overall condition of the market currently is that it’s waiting for more catalysts before it really swings,” said Security Bank Corp. Chief Investment Officer for Trust and Asset Management Group Noel S. Reyes in a telephone interview.