THE Bureau of Treasury (BTr) has partially awarded treasury bills on Monday, as market players anticipate another rate hike from the US Federal Reserve. Data from the BTr showed that the Treasury raised P3.162 billion on Monday’s auction, after partially awarding 182-day bills. The BTr, however, did not award any…
Vietnam’s local currency bond market grew 8.1 per cent from the previous quarter to US$99.5 billion. The faster expansion was driven by both the Government and corporate bond segments.
Long-term bond yields in emerging East Asia declined between 15 June and 24 August amid mounting risks and a dimming economic outlook, even as financial conditions eased modestly, according to a report by the Asian Development Bank.
This edition includes discussion of pandemic-related asset purchase programs, along with US monetary policy and financial market reactions in developing Asia.