The impact of announcement of changes in the overnight rates of the Bangko Sentral ng Pilipinas on the stock returns of publicly listed universal and commercial banks in the Philippine stock exchange from 2003-2008

• Main Authors: Escoto, Anna Patricia R., Hugo, Jeffrey B.
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Banks and banking > Philippines; Interest rates > Philippines; Rate of return > Philippines; Stock exchange > Philippines; Central Bank of the Philippines
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/17486
• Institution: De La Salle University

Based on Madura and Schnusenberg's (2000) study entitled Effect of Federal Reserve Policies on Bank Equity Returns, this paper investigated the impact of announcement of changes in the overnight borrowing rate and the overnight lending rate of the Bangko Sentral ng Pilipinas on the stock return...