MART: A STEADY HAND GUIDING THE PHILIPPINE BOND MARKET

For over five decades, the Money Market Association of the Philippines (MART) has been a cornerstone of the country's financial landscape, playing a pivotal role in shaping and fostering the growth of the domestic bond market.

- By KATHERINE L. MAGSANOC

As the industry navigates the ever-changing tides of financial innovation, MART remains a constant: adapting and evolving to ensure a robust and transparent environment for investors and market participants.

"MART was formed in the 1970s by member banks to coordinate with the national government and allied organizations in promoting, developing, and regulating the domestic bond market," explains Adrian Ching, MART president.

"Our mandate still stays true. We continue to work with those stakeholders towards the development of our local capital market."

This dedication to fostering a vibrant and accessible bond market has seen MART evolve significantly since its inception. The organization has embraced technological advancements, streamlining trading and settlement processes.

"Right now, you can trade and settle domestic securities electronically," Ching highlights. "It's more efficient that way. We always continue to look for enhancements to make the process even more efficient."