These include direct financial transfers to vulnerable sectors, and efforts to boost domestic production and importation of certain food commodities. For its part, the BSP is prepared to take preemptive action when there are stronger indications of a possible disanchoring of inflation expectations.
Derivatives - potential benefits and risk-management challenges Perhaps the clearest evidence of the perceived benefits that derivatives have provided is their continued spectacular growth. As a consequence of the increasing demand for these products, the size of the global OTC derivatives markets, according to the Bank for International Settlements (BIS), reached a notional principal value of $ trillion in June 2004.