The Bangko Sentral ng Pilipinas (BSP) auction of 28-day BSP bills on Friday fetched a higher yield at 1.8000 percent while still oversubscribed by 1.3 times. “The rise in the BSP bills’ rate can be attributed to market participants’ continued search for yield amid the ongoing issuance of...
The central bank’s auction of its single tenor 28-day Bangko Sentral ng Pilipinas (BSP) securities fetched a higher weighted average rate of 1.7303 percent last Friday, and fully awarding the P90 billion offer. BSP Deputy Governor Francisco G. Dakila Jr. noted that the yield was up by 6.201 basis...
There was strong demand for the auction of 28-day Bangko Sentral ng Pilipinas (BSP) securities last Friday as bids were 1.72x oversubscribed, according to BSP Deputy Governor Francisco G. Dakila Jr. The BSP bills also fetched a higher yield of 1.6683 percent from the previous 1.6402 percent....
The auction of Bangko Sentral ng Pilipinas (BSP) 28-day securities was slightly undersubscribed at P99.05 billion versus offer of P100 billion while yields increased. “The very slight undersubscription in the 28-day bills auction reflects market participants preference for shorter tenors in...
The auction of Bangko Sentral ng Pilipinas’ (BSP) 28-day bills had a higher offer of P120 billion last Friday and it was fully awarded with tenders amounting to P148.81 billion. The bids were lower compared to January 29’s P150.90 billion. The offered volume previously was P100 billion....
The Bangko Sentral ng Pilipinas’ (BSP) auction of 28-day BSP bills last Friday fetched a lower yield and attracted 1.51x more of the offered P100 billion volume. BSP Deputy Governor Francisco G. Dakila Jr. said the offering for the BSP bills was fully subscribed. “Amid strong market interest,...
The Bangko Sentral ng Pilipinas (BSP) said it has fully awarded its 28-day bills offered at P100 billion. The BSP securities auction received P162.80 billion tenders on Friday, lower than January 15’s P167.25 billion bids. The BSP bills fetched a lower average rate this week of 1.6362 percent...
Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. said the auction of its 28-day BSP bills continue to be oversubscribed or 1.67x the offered volume. The BSP offered P100 billion of its securities during Friday’s auction, and banks tendered P167.25 billion. “The P100...
The Bangko Sentral ng Pilipinas’ (BSP) 28-day securities was oversubscribed by 1.59 times during its Friday auction, its last for 2020. “The BSP offered and awarded in full P80 billion worth of 28-day bills in the last BSP Securities auction for the year amid increased demand for liquidity...
The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day securities fell on Friday while bids remained oversubscribed. The auction of BSP bills attracted P117.10 billion tenders against an offer of P60 billion. The tenders were higher than the previous week’s P112.20 billion. The offer...
The Philippines got the lowest coupon ever after raising $2.75 billion from the global bond market, according to Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. “The Philippines set a record for lowest coupon levels,” said Diokno on Thursday. The ROPs sold have maturities of 10.5...
The Bangko Sentral ng Pilipinas’ (BSP) auction of 28-day BSP bills were still oversubscribed and fetched a lower rate last Friday. “Market interest remained strong,” according to BSP Deputy Governor Francisco G. Dakila Jr. The BSP offered P60 billion, same as last November 20, and...
