The Bangko Sentral ng Pilipinas (BSP), still not offering 28-day term deposit facility (TDF) this week, received oversubscribed tenders of P518.88 billion versus offer of P490 billion. The Wednesday auction for the 7-day tenor attracted P225.95 billion bids against a P220 billion offering...
The central bank’s auction of 28-day securities fetched a higher rate on Friday, it remained oversubscribed as the only 28-day offering this week after the Bangko Sentral ng Pilipinas (BSP) put aside the 28-day term deposit facility (TDF). The BSP bills received P129.1 billion tenders...
The Bangko Sentral ng Pilipinas (BSP) dropped the 28-day tenor this week and shifted the volume to the two remaining term deposit facility (TDF). During Wednesday’s TDF auction, the BSP offered P470 billion, down from P480 billion last week. Total bids reached P574.19 billion. The 7-day TDF has...
The central bank’s term deposit facility (TDF) continue to be oversubscribed at P645.18 billion on Wednesday from a higher offer of P430 billion this week versus P390 billion previously as banks’ abundant liquidity are increasing demand for all tenors. Bangko Sentral ng Pilipinas (BSP)...
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...
