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Dynamic capital market developments spark optimism
Manila Bulletin
|July 14, 2021
The dynamism of the domestic capital market provides the proverbial silver lining amid the deep recession triggered by the COVID-19 pandemic. Structural reforms have evidently taken root, especially in the fixed-income securities market.
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The Bangko Sentral ng Pilipinas (BSP) has noted two auspicious developments. First are the oversubscribed bond issuances by four domestic banks: Bank of the Philippine Islands, China Banking Corporation Land Bank of the Philippines and Union Bank of the Philippines. Secondly, the number of participants in investment trust funds grew by 33 percent in 2020 and 24 percent in the first quarter this year.
Diese Geschichte stammt aus der July 14, 2021-Ausgabe von Manila Bulletin.
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