BSP has no plans for longer-tenor securities, governor says

Facade of the Bangko Sentral ng Pilipinas in Manila. (BSP/Released)

 The Philippine central bank has no plans to issue longer-term securities beyond the existing 28- and 56-day tenors, Bangko Sentral ng Pilipinas Governor Eli Remolona said on Wednesday.

READ: BSP eyes substantial cut in banks’ reserve requirement ratio this year

 —Reporting by Mikhail Flores; Editing by John Mair

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