Rates & Bonds

A wild swing in USD/PHP reignited tactical buying in Peso Government Securities (GS), but caution prevails ahead of key supply and inflation data.

With global volatility rising, local government bonds remain anchored by stable fundamentals.

Peso Government Securities (GS) continue to find solid demand as dovish policy signals, and limited supply keeps yields anchored despite bouts of profit-taking.

The BSP’s surprise rate cut ignites the biggest bond rally of the year, driving yields to multi-month lows and opening fresh opportunities in the 7- to 10-year bond space.

Despite global volatility, real money interest in 5-year bonds keeps the local curve anchored.

Metrobank Local Currency Trading Department and Janssen Roman

JP Morgan’s positive watch on PH bonds sparked a strong rally last week

Local bonds stayed resilient last week, with investors navigating global volatility and reinvestment flows.

You have four options for the cash you will receive from this bond maturity depending on your risk appetite and time horizon.