Government securities will remain attractive after the country secured an “A” investment grade credit rating, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P).

“ROPs should retain its attractiveness as a result of JCR’s (Japan Credit Rating Agency) credit rating upgrade and investors’ quest for higher-yielding but safe assets, even though spreads over US Treasuries may narrow only slightly in the coming months,” FMIC and the UA&P said in their latest “Market Call” report on Thursday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details