Central Banking

Philippines set to launch repo market

The Philippines is preparing for massive infrastructure spending

The Central Bank of the Philippines has assigned a 0% reserve requirement to support the repurchase market that is set to be officially launched next week.

“This responds to the industry request to minimise the friction cost on repo transactions that conform to international best practices,” the BSP says in a statement today (November 24).

The government securities repo programme will be launched on November 27 as a part of local currency debt and foreign exchange market reforms.

The measures

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: