East Asia Pacific Central Banks Reinvest Asian Bond Funds

Manila—(PHStocks)—Bangko Sentral ng Pilipinas (BSP)—A group of East Asia Pacific central banks is closing its US-dollar denominated bond fund and transferring the investment to a local-currency bond fund in order to enhance local-currency bond market development in the region. The Executives’ Meeting of East Asia Pacific (EMEAP) central banks, a group of 11 central bank […]
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