The central bank’s auction of term deposit facility (TDF) attracted P677.99 billion tenders on Wednesday against offer of P480 billion, while yields have mixed results. Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila Jr. continues to observe “ample” financial system...
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...
Bloomberry Cultural Foundation, Inc.(BCFI) and the Philippine Amusement and Gaming Corporation (PAGCOR) have completed the country's largest COVID-19 quarantine facility, the Solaire-PAGCOR Mega Quarantine Facility. In a statement, BCFI said the facility has been turned over to...
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...
By half P2.188 billion State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has trimmed by half the reserve price of the 650-megawatt Malaya thermal power facility to P2.188 billion, which will be applied in its scheduled privatization next week. In a bidding last...
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...
