The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has amended the rules that govern the valuation of bank-held government securities (GS) to reflect its market value.
“The enhancement of the valuation guidelines for GS is essential to developing the country’s capital markets. In turn, deepening of the domestic capital market bolsters financial stability which is a key objective of the Bangko Sentral ng Pilipinas,” the MB said.
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