Interest Rate Swap Volumes Surge in Philippines, BSP Chief Says
Interest-rate swap transactions in the Philippines have jumped more than 60-fold since the launch of a peso IRS facility in late 2024, the nation’s central bank chief said, citing that...
By Ditas B Lopez · Bloomberg Markets
Interest-rate swap transactions in the Philippines have jumped more than 60-fold since the launch of a peso IRS facility in late 2024, the nation’s central bank chief said, citing that a deepening market may improve the effectiveness of monetary policy.