Investment Ideas: January 13, 2025 

Here is our report for today, January 13, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: The yield curve remains attractive with dollar-denominated bonds from sovereign and corporate issuers offering yields between 5.100% to 5.579%, while peso-denominated retail treasury bonds and fixed-rate treasury notes provide higher yields ranging from 5.835% to 6.110%, reflecting the current interest rate environment.
• Stock Recommendations: Our equity analysis covers three major Philippine companies with varying outlooks. We maintain an OVERWEIGHT position on a leading Philippine bank poised to benefit from regulatory changes and the high interest rate environment. We hold a NEUTRAL stance on a major conglomerate pending clearer si