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BusinessWorld Banking

Term deposit yield climbs further despite strong demand for offering

THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits fetched a slightly higher average yield on Wednesday, marking the fifth straight week of increase despite investor demand holding strong. Bids for the term deposit facility (TDF) amounted to P138.544 billion, exceeding the P90 billion in seven-day papers placed on the auction block but below the P146.465 […]

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Source: bworldonline.com

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