DOWNLOAD
Rates & Bonds
2 MIN READ
Peso GS Weekly: Take advantage of recent sell-off
Given the elevated levels last week, we continue to remain opportunistic buyers on selloffs in the peso GS space.
June 27, 2023
By Geraldine Wambangco
By Geraldine Wambangco
This article is exclusive to Metrobank preferred clients.
Log in your Wealth Manager account to get access to investment insights, bank views, and webinar videos.
Market Levels (week-on-week)
Last week:
The peso government securities (GS) market opened in muted fashion last week with little activity observed as most investors and dealers wait for firmer leads to move yields either way.
Some buying activity was initially seen in 9-year bonds given their decent pick-up in yields against longer-dated securities, but interest quickly faded. The relatively weak 6-year auction reception for the reissuance of Fixed Rate Treasury Note (FXTN) 7-67 caused appetite for risk to