MANILA, July 1 (Reuters) - The Philippine central bank's
maiden securities issuance is scheduled for the current quarter,
broadening its monetary policy toolkit, its governor said on
Wednesday.
"The main purpose for the issuance of Bangko Sentral ng
Pilipinas securities is to manage the liquidity in the financial
system to support monetary policy transmission," central bank
Governor Benjamin Diokno told reporters.
The central bank will initially offer a small volume of
securities with short-term maturities in line with market
preference, Diokno said.