Peso debt market roadmap out soon

A roadmap aimed at accelerating the development of the local currency debt market will soon be unveiled by the Bangko Sentral ng Pilipinas (BSP).

“[W]e have put together a definitive roadmap which was informed by technical assistance from international experts. We will put out the roadmap to engage industry, finalize shortly thereafter and implement in phases over the next 18 months,” central bank Governor Nestor Espenilla Jr. said during a forum staged by the Economic Journalists Association of the Philippines.