Latest Breaking News On - Uptick the rate of bangko sentral ng pilipinas 39 bsp term deposit facility tdf increased once more this week in line with rise central bank 39s key rates both seven day and 14 facilities posted oversubscription but deputy governor francisco dakila jr cited investors preference for shorter dated photo courtesy manila another on wednesday as continued to hike its policy average 3 8051 percent 8454 these were at 7876 one 8099 two tenor during auction last aug 25 hiked offer volume tenors registered over subscription it php140 billion from php120 was fully awarded after tenders reached php195 304 php100 php80 previous also bids amounted php122 ina statement - Page 1 : comparemela.com
UPTICK. The rate of the Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) increased once more this week in line with the rise in the central bank's key rates. Both the seven-day and 14-day facilities posted oversubscription but BSP Deputy Governor Francisco Dakila Jr. cited investors' preference for the shorter dated TDF. (Photo courtesy of BSP) MANILA - The Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) posted another rate uptick on Wednesday as the central bank continued to hike its policy rates. The average rate of the seven-day facility increased to 3.8051 percent and the 14-day's to 3.8454 percent. These were at 3.7876 percent for the one-week facility and 3.8099 percent for the two-week tenor during the auction last Aug. 25. The BSP hiked the offer volume for both tenors and both registered over subscription. It increased the offer volume for the one-week facility to PHP140 billion from last week's PHP120 billion. This was full