The auction of the Bangko Sentral ng Pilipinas’ (BSP) 28-day BSP Bill remained oversubscribed with a liquidity-heavy market while its average rate stayed put where it was a week ago. On Friday, the third week of the one-month BSP security auction, the BSP offered P50 billion and received tenders...
Banks prefer Bangko Sentral ng Pilipinas (BSP) securities with short-term maturities of up to two months, according to its highest-ranking official. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno ( Bloomberg file photo) BSP Governor Benjamin E. Diokno said that based on the...
The Bangko Sentral ng Pilipinas (BSP) offered P390 billion term deposit facility (TDF) this week because of banks’ bigger demand and while yields were mixed, tenders breached the offer with P575.31 billion. “The TDF auction results continue to reflect ample liquidity conditions in the...
The central bank’s term deposit facility (TDF) has a slightly lower volume this week of P350 billion while yields ended mixed. The 28-day TDF’s offer was cut from P50 billion from its September 9 auction to P20 billion ahead of the Bangko Sentral ng Pilipinas’ (BSP) first offering of BSP...