BusinessWorld
TDF yield slips before CPI data
THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to slip week on week as demand for safer assets remained strong, with rate hike bets growing as inflation likely stayed elevated last month. Bids for the term deposit facility (TDF) amounted to P157.445 billion on Wednesday, exceeding the P90 billion placed […]
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Source: bworldonline.com
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