THE Bangko Sentral ng Pilipinas (BSP) and the Bankers Association of the Philippines (BAP) will expand the repurchase agreement (repo) market to include fund managers and trust companies.

To pursue this initiative, a BAP official said the Money Market Association of the Philippines (MART), Fund Managers Association of the Philippines (FMAP), and Trust Officers Association of the Philippines (TOAP) are working on their inclusion in the government securities repo market.

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