Yields on term deposits drop before Fed decision




TERM DEPOSIT yields fell on Wednesday ahead of the US Federal Reserve’s policy decision this week and following the release of latest Philippine inflation data. The Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) attracted bids worth P291.099 billion on Wednesday, above the P230 billion on the auction block and the P250.427 billion in […]



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