MANILA, Philippines — The domestic banking industry expects to launch a new standard yield curve before end-2026 to provide a more reliable reference for debt pricing than the current gauge. Bankers Association of the Philippines secretary Paul Favila said the Bangko Sentral ng Pilipinas (BSP) supports the initiative, with regulators and banks collating historical data to build confidence in the new benchmark. Favila said lenders must show borrowers that the new gauge moves in line with the existing Philippine Bloomberg Valuation (BVAL) standard before the market can transition. “The aggressive one in me will say, by the end of the […]...Keep on reading: PH banks hope for new yield curve benchmark by year-end