BSP launches reforms to spur domestic debt market growth
Reforms will be undertaken over a period of 18 months
The Central Bank of the Philippines (BSP) has rolled out capital market reforms to accelerate the development of the local currency debt market.
The reforms will be undertaken on an 18-month timeframe, with specific targets for regulatory and institutional milestones every six months, according to the BSP.
Other government agencies, including the Department of Finance, the Securities and Exchange Commission and the Bureau of the Treasury, will also be involved.
According to the finance
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