Investment Ideas: April 22, 2025

Here is our report for today, April 22, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Yields for dollar-denominated bonds range from 4.511% to 5.061%, with maturities between 2028 and 2032. In contrast, peso-denominated bonds offer higher returns, with yields spanning 5.730% to 6.100% and maturities from 2027 to 2032.
• Stock Recommendations: We maintain an OVERWEIGHT rating on a large Philippine bank for its robust lending growth and high dividend yield. A food service company is rated NEUTRAL due to challenges in its overseas units. Meanwhile, branded liquor producer is rated UNDERWEIGHT amid declining demand and potential export hurdles.
• Spotlight: The Metro$ Max-5 Bond Fund returned 1.54% YTD and 4.34% over the past year, backed by 81% government securities, 12% corporate bonds, and 7% time deposits. Its defensive strategy and short-duration bias make it well-positioned amid stagflation risks and a potential flight to safety.

Download our report here for details.

(Disclaimer: This is general investment information only and does not constitute an offer or guarantee, with all investment decisions made at your own risk. The bank takes no responsibility for any potential losses.)