Bankers Association of the Philippines (BAP) Announcement on Shift to PHPBVAL Display to 4 Decimal PointsPosted on: January 29, 2021
To all Participants in the GS Market:
We are pleased to announce that commencing Feb. 1, 2021, the BVAL reference rates to be published on the PDEx website and on Bloomberg terminals shall be changed to show 4 decimal places from the existing 3 decimal places of accuracy. This enhancement is aimed to provide increased market transparency and accuracy.
Cesar Santos, Jr.
For the Bankers Association of the Philippines
as GS Benchmark Administrator