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BusinessWorld Banking

BSP bills’ rate drops further on oversubscription

THE BANGKO SENTRAL ng Pilipinas’ (BSP) short-term securities fetched a lower average rate for a second straight week as the offering attracted strong demand. Tenders for the 28-day BSP bills hit P117.123 billion on Friday, nearly double the P60-billion offer and rising from the P111.165 billion in bids for the same volume auctioned off in […]

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Source: bworldonline.com

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