BusinessWorld Banking
Yields on term deposits mostly steady as demand stays strong
THE BANGKO SENTRAL ng Pilipinas’ (BSP) term deposits fetched a nearly flat average rate on Thursday as the offer continued to draw strong investor demand amid still high liquidity and despite expectations of further monetary policy tightening. The term deposit facility (TDF) fetched P141.071 billion in tenders for the six-day papers, higher than the […]
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Source: bworldonline.com
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