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BusinessWorld Banking

Term deposit yield nearly flat as mart awaits Bangko Sentral’s policy review

THE AVERAGE YIELD on the Bangko Sentral ng Pilipinas’ (BSP) term deposits was nearly unchanged on Wednesday, with investor demand for the one-week paper staying robust amid expectations of a second straight rate hike next week. Bids for the term deposit facility (TDF) was at P162.605 billion on Wednesday for its offer worth P110 billion. […]

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Source: bworldonline.com

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