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Cuts on rates, RRR to bring cheaper credit for gov’t

By Inquirer - 3 months ago
The projected rate cuts by the Bangko Sentral ng Pilipinas (BSP) and the extra shot of liquidity from planned reductions to the reserve requirement ratio (RRR) of banks would help the government lock in cheaper debts to bridge its budget shortfall. In a commentary, ANZ Research said yields on government bonds were expected to “consolidate

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