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Term deposit yields climb on expectations of BSP rate hike

Term deposit yields climb on expectations of BSP rate hike
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BSP set to hike 2023 inflation forecast - BusinessWorld Online

BSP set to hike 2023 inflation forecast - BusinessWorld Online
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BSP bills undersubscribed this week

The weekly auction of the Bangko Sentral ng Pilipinas’ (BSP) 28-day securities attracted lower demand on Friday, Feb. 10, with the market awaiting the central bank’s policy rate action next week. The BSP bills were undersubscribed. It was offered at P170 billion which was higher than the previous

BSP bills undersubscribed this week

The central bank’s 28-day securities were undersubscribed and off the P190 billion offer, receiving only P106.495 billion in bids or 0.56 times the volume offered. The Bangko Sentral ng Pilipinas (BSP) accepted P94.445 billion on Friday, Jan. 27. Banks and other eligible participants to the securi

Yields on term deposits slip on dovish Fed bets - BusinessWorld Online

Yields on term deposits slip on dovish Fed bets - BusinessWorld Online
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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