BSP term deposit yields rise ahead of Federal Reserve policy meeting
· 14.06.2023 · 20:53:54 ··· ··· Wednesday ·· 3 (3)
ODDLY FUN TERM DEPOSIT YIELDS of the Philippine central bank rose on Wednesday, ahead of the US Federal Reserve’s policy meeting.
Demand for the Bangko Sentral ng Pilipinas’ (BSP) term deposit facility (TDF) stood at P286.877 billion, higher than the P240 billion on the auction block. Last week, bids reached P249.767 billion against P220 billion on offer.
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