#Latest news with #RizalCommercialBankingCorpBloomberg15-05-2025BusinessBloombergPhilippine Bonds Ripe for Rally as More Rate Cuts Look LikelyPhilippine sovereign bonds may rally in the coming months as slowing growth and easing inflation boost the case for further interest-rate cuts. The yield on the country's 10-year sovereign bonds might fall to as low as 5.5% this year from its current level of 6.2%, according to Rizal Commercial Banking Corp. Central bank chief Eli Remolona has said 75 basis points of additional rate cuts are possible this year after the economy expanded more slowly than expected in the first quarter.
Bloomberg15-05-2025BusinessBloombergPhilippine Bonds Ripe for Rally as More Rate Cuts Look LikelyPhilippine sovereign bonds may rally in the coming months as slowing growth and easing inflation boost the case for further interest-rate cuts. The yield on the country's 10-year sovereign bonds might fall to as low as 5.5% this year from its current level of 6.2%, according to Rizal Commercial Banking Corp. Central bank chief Eli Remolona has said 75 basis points of additional rate cuts are possible this year after the economy expanded more slowly than expected in the first quarter.
15-05-2025
