Metropolitan Bank & Trust Company (Metrobank) secured a five-peat after being named Top Government Securities Eligible Dealer (GSED) for the fifth consecutive year at the Bureau of the Treasury’s 128th Anniversary Celebration.
During the ceremony held on 25 November at the Marble Hall of the Ayuntamiento Building in Intramuros, Manila, Metrobank was also recognized as the GSED with the Highest Auction Share in Treasury Bills and as the Top Retail Government Securities Eligible Dealer.
Government Securities Eligible Dealers (GSEDs) are banks and financial institutions accredited by the government to participate directly in the primary issuance and trading of government securities. They play a crucial role in distributing Treasury bills and bonds, providing market liquidity, and supporting efficient price discovery in the domestic debt market.
Treasury bills issued by the Bureau of the Treasury, or BTr Bills, are short-term government debt instruments used to finance state operations and manage cash flow. Strong demand for these instruments typically reflects investor confidence and helps keep government borrowing costs low, supporting fiscal stability and broader economic growth.
Metrobank Financial Markets Sector Head Toto Tansingco attributed the recognitions to the trust of Metrobank’s clients and the dedication of the Financial Markets Sector team.
He also reaffirmed Metrobank’s commitment to the Bureau of the Treasury’s call for “a deeper and more responsible market,” anchored on building trust and reforming financial markets. Tansingco further pledged the bank’s continued support “to the nation to provide liquidity, and ensure that the country can finance its development at a reasonable cost.”
The Bureau’s 128th anniversary celebration, themed “Building Trust, Reforming Markets,” highlighted the importance of collaboration between the public and private sectors. National Treasurer Sharon P. Almanza underscored the need for closer cooperation among the Bureau of the Treasury, regulators, and market participants.
“It captures our collective aspiration. We reaffirm our commitment to working closely with our regulators and market participants to foster transparency, collaboration, and innovation,” Almanza said.