Term deposit yields fall after BSP rate-easing cues




THE CENTRAL BANK’S term deposit facility (TDF) fetched bids worth P290.223 billion, above the P250-billion offer and P286.038 billion in tenders a week ago. Tenders for the seven-day debt reached P177.147 billion against the P140 billion auctioned off by the central bank and P154.396 billion in bids last week. Banks asked for yields of 5.97% […]



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