ATTENTION: FI Trading Participants
In line with the return to regular trading hours for the Fixed Income Market, please be advised that effective 01 December 2020, the PHP BVAL Publications for Benchmark Tenors & Government Securities will like revert to the regular publication timeline as follows:
|From (Shortened Time)||To (Regular Time)|
|Bloomberg Terminal (PDEx <GO>)||2:30PM||4:30PM|
Please note as well the pricing sources to be used for the following PHPBVAL data sets:
Pursuant to the attached PhilPaSS Advisory No. BPU-2020-109 and BAP Notice on FX and FI Trading Operations under the Revised Trading, Clearing and Settlement Hours Effective December 1, 2020, please be advised that, PDS Group Fixed Income Trading and Settlement Services shall resume its regular trading and settlement hours starting 01 December 2020. However, in coordination with the Securities Clearing Corporation of the Philippines (SCCP), our Equity Depository services shall retain its shortened settlement hours at 4:30PM until further advised.
|PDS Group Services||Effective 01 December 2020|
|FI Market Trading||Pre-Open Session: 08:30 AM – 08:59 AM
AM Session: 09:00 AM – 12:00 NN
Trading Break: 12:01 PM – 01:59 PM
PM Session: 02:00 PM – 04:00 PM
Market Close: 04:00 PM
|FI Delivery versus Payment System||09:00 AM – 4:00 PM|
|Registry Services||09:00 AM – 4:00 PM|
|Renminbi Transfer System||09:00 AM – 2:45 PM|
|FI Depository||09:00 AM – 5:00 PM|
|Equity Depository||09:00 AM – 4:30 PM (in coordination with SCCP)|
- No trade cancellations after 4:00PM
- Execution of value today (T+0) trades is until 12:00PM only.
- Publication of Fixed Income data shall revert to its original publication time
- Please authorize all transactions within the settlement timelines
For your guidance and information.
Further to the PSE Circular 2020-0097 dated 13 November 2020, the BAP Memorandum to all Member Banks dated 13 November 2020, and the BSP PhilPaSS Advisory BPU-2020-105A regarding PhilPaSS Operations dated 13 November 2020, please be advised that all PDS Group services shall resume full operations today, Friday, 13 November 2020.
|PDS Group Services||13 November 2020|
|Fixed Income (FI) Market Trading||OPEN|
|FI Delivery versus Payment System||OPEN|
|Renminbi Transfer System||OPEN|
This advisory supersedes the earlier advisories.
For your information and guidance.
18 November 2020, Makati, Philippines — Filinvest Land, Inc. (FLI) returns to the local debt market today with the listing of its PHP 8.1 Billion 3-Year and 5.5-Year Fixed Rate Bonds at the Philippine Dealing & Exchange Corp. (PDEx). The bonds carry an interest rate of 3.3353% and 4.1838% per annum, respectively, to be paid… (more)
17 November 2020, Makati, Philippines — Land Bank of the Philippines (LANDBANK) returns to the local debt market today with the maiden listing of its PHP 5 Billion Fixed Rate ASEAN Sustainability Bonds at the Philippine Dealing & Exchange Corp. (PDEx). The 2-year bond carries an interest rate of 2.5872% per annum to be paid… (more)
16 November 2020, Makati, Philippines — A returning issuer, Aboitiz Equity Ventures, Inc. (AEV), listed its PHP 7.55 Billion 3-year and 5-year Fixed Rate Bonds on the Philippine Dealing & Exchange Corp. (PDEx). The bonds carry an interest rate of 2.8403% and 3.3059% per annum, respectively, to be paid quarterly. Guided by its corporate philosophy… (more)