Central Bank's 28-day securities rate falls

By Philippine News Agency

Apr 26, 2022 12:20 am

THE rate of the Bangko Sentral ng Pilipinas' (BSP) 28-day bills declined anew on Friday as demand for the debt paper continued to remain strong.

Data released by the central bank showed that the average rate of the securities slipped to 1.9102 percent from 1.9144 percent during the auction last April 18.

DOWN AGAIN The average rate of the Bangko Sentral ng Pilipinas’ (BSP) 28-day securities went down again last April 22, 2022. The BSP traced the demand for the 28-day bills to the high liquidity environment in the country. PNA FILE PHOTO

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