Return to bond index to boost investments

Sep 12, 2024 12:27 am

THE Philippines' return to a bond index can lead to higher foreign investment flows and a stronger peso, an analyst said.

'This is important because it could bring more foreign money into the Philippines,' Metrobank chief economist Nicholas Antonio Mapa said, explaining that when a country is included in these indexes, investors who keep track of them tend to buy bonds from that country.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

PH external debt still manageable – BSP

Analysts see fewer rate cuts in 2025

Bargain hunting may boost stock market

PEZA plans 30 new ecozones next year

Firms in EBET program to get tax breaks

DOE grants training license to 3 LPG groups

October construction projects up 4% from 2023