BSP's seven-day TDF yield falls
Yields on the Bangko Sentral ng Pilipinas (BSP)’s seven-day term deposit facility declined Wednesday, with bids totaling P137.159 billion and an average rate of 2.3133%, down from 2.4369% a week earlier.
The decline in yields reflects increased investor interest in parking funds amid the pandemic and expectations for further monetary easing.
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