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TDF yield climbs on hawkish BSP, Fed
THE CENTRAL BANK’S term deposit facility (TDF) fetched a higher average yield on Wednesday, even as the offer continued to be oversubscribed, amid expectations of hawkish monetary policy here and in the United States. The seven-day term deposits auctioned off by the Bangko Sentral ng Pilipinas (BSP) attracted P146.927 billion in tenders this week, higher […]
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Source: bworldonline.com
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