Yields on term deposits drop on strong demand




TERM DEPOSIT YIELDS fell on Wednesday amid strong demand for the offering ahead of the release of Philippine November inflation data. The Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) attracted total bids worth P342.937 billion on Wednesday, well above the P260 billion placed on the auction block and the P250.598 billion in bids […]



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