TDF yields rise ahead of BSP meet

YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) continued to rise on Wednesday, as the 14-day papers were undersubscribed, ahead of the Monetary Board’s policy setting on Thursday (Sept. 22). Total bids for the central bank’s term deposits reached P293.004 billion, going above the P220-billion offer for this week. […]

Yields on term deposits decline

YIELDS on the central bank’s term deposits dropped on Wednesday on expectations of slower economic activity amid the lockdown. — BW FILE PHOTO YIELDS on the central bank’s term deposits slipped on Wednesday as some restrictions remain in place, which could slow down economic activity and bring down inflationary pressures. Total tenders for the term […]