Announcements


PDS Group’s New Contact Number

Our new contact number, effective 06 October 2019, will be +63 2 8884-5000.

BAP Advisory to Trading Participants: Inclusion of Done Deals in the calculation of PHP BVAL Reference Rates

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BANKERS ASSOCIATION OF THE PHILIPPINES

BAP Advisory to Trading Participants

Inclusion of Done Deals in the calculation of PHP BVAL Reference Rates

We are pleased to announce that commencing today, November 9, 2018, PHP BVAL Reference Rates calculations already include rates from done deals for transactions with notional amounts equal to or greater than PHP 50 Million.  This transaction cut-off of PHP50 Million is consistent with the previous transaction cut-off set for the calculation of PDST rates for individual trades.  The delay in (more)

Advisory from the BAP to Trading Participants

Advisory to Trading Participants

1.    Published BVAL rates:

Please be advised that the BAP’s PHP BVAL Reference Rates (for Benchmark Tenors and for Government Securities) are now available on the terminals of Bloomberg, the Calculation Agent, and the website of PDEx, the Publication Agent.

       a. On the Bloomberg terminals:

i. For the PHP BVAL Reference Rates for Government Securities, there are 3 PHP BVAL values displayed/published: 

  • BVAL Bid – is calculated from outstanding bids posted by market participants on the Bloomberg fixed (more)