● JGBs with all maturities will be made eligible for purchase, and the average remaining maturity of the Bank's JGB purchases will be extended from slightly less than 3 years to about 7 years -- equivalent to the average maturity of the amount outstanding of JGBs issued. 3.
Fellow central bankers there is every reason to celebrate and to be happy today! Today, we mark the convergence of two important events: the 16th anniversary of the Bangko Sentral ng Pilipinas and the 60th year of central banking in the Philippines. At sixteen, the Bangko Sentral ng Pilipinas is a relatively young institution; but its foundation runs deep.