And so, once again, I congratulate Bancnet, Expressnet and Megalink for proving, once again, that public service is alive and well in the banking sector. Mabuhay! Maraming salamat sa inyong lahat! 2  BIS Review 145/2010
Between mid-2002 and mid-2003, homeowners were able to refinance at lower interest rates almost half of total outstanding home mortgage debt and thereby to substantially reduce monthly debt service payments. Households also substituted mortgage debt for more-expensive consumer credit. Moreover, those households and businesses that held long-term investment-grade bonds in that year accumulated realized and unrealized capital gains as long-term rates declined.