Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. said there was strong demand during its Wednesday auction of term deposit facility (TDF) with P653.87 billion bids versus offer of P480 billion. The auction volume is lower than the previous week’s P540 billion. “The BSP...
Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. said the term deposit facility (TDF) which had the same offer volume of P600 billion Wednesday, (March 3) continued to be oversubscribed at P645.75 billion. Both the 7-day and 14-day tenors were offered at P200 billion...
The central bank reallocated the 7-day term deposit facility (TDF) volume to the 14-day TDF this week but the results were still mixed, in both tenders and yields. The Bangko Sentral ng Pilipinas (BSP) offered P210 billion for the 7-day tenor on Wednesday, lower than the previous P240...
With banks’ excess cash, the Bangko Sentral ng Pilipinas’ (BSP) weekly auction of term deposit facility (TDF) continue to be oversubscribed with total bids of P704.77 billion, although lower compared to the previous P756.71 billion. Wednesday’s TDF was offered at P610 billion, up from...
The central bank raised its volume for this week’s term deposit facility (TDF) and it was still oversubscribed, but yields continue to fall. Bangko Sentral ng Pilipinas (BSP) Governor-in-charge Francisco G. Dakila Jr. noted the market participants’ “continued strong interest in the TDF”...
The average interest rates of the central bank’s term deposit facility (TDF) continue to drop this week as tenders also declined by P140.68 billion. The TDF, offered higher at P550 billion versus last week’s P530 billion, received tenders P726.62 billion which was lower compared to January...
The central bank’s auction of term deposit facility (TDF) received P570.33 billion bids this week, lower than P644.81 billion last December 9 while yields fell ahead of the Bangko Sentral ng Pilipinas’ (BSP) monetary policy meeting on Thursday. The 7-day TDF was still offered at P170 billion,...
The central bank’s auction of term deposit facility (TDF) remained oversubscribed while yields dropped after the Monetary Board’s 25 basis points (bps) policy rate cut last week. Data from the Bangko Sentral ng Pilipinas (BSP) showed P602.03 billion tenders were submitted versus offer of P460...
The central bank’s term deposit facility (TDF) auction received P622.44 billion in tenders this week versus offer of P480 billion. Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. noted the continued strong demand for the TDF which is only offered at 7-day and 14-day...
The central bank’s auction of term deposit facility (TDF) this week still show an oversubscription but banks’ demand for the longer tenor, the 14-day, surpassed the 7-day TDF. “There was a notable shift of preference to the longer tenor as the 7-day TDF was undersubscribed with 0.86x...
The Bangko Sentral ng Pilipinas’ (BSP) has absorbed P1.8 trillion of liquidity from banks as of the end of the third quarter, 20 percent more than what was mopped up in the second quarter. MB file photo. The BSP’s weekly auction...
The central bank did not change the volume of its term deposit facility (TDF) this week, still at P490 billion, while the yields for the two TDF tenors were higher on strong demand ahead of All Soul’s Day on November 2. The 28-day TDF is still absent in favor of the 28-day BSP bills which are...
