BSP to trim TDF volume before holidays, tax season

Mar 23, 2019 12:24 am

The Bangko Sentral ng Pilipinas (BSP) said its weekly term deposit facility (TDF) would be cut to P30 billion from P50 billion on March 27 ahead of the holidays and the tax season in April.

For the 14-day facility, the weekly offering will be trimmed to P10 billion from P20 billion.

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