TDF attracts P430.6B in bids

By Eireene Jairee Gomez

Jan 05, 2023 12:22 am

The Bangko Sentral ng Pilipinas' (BSP) term deposit facility (TDF) auction was oversubscribed on Wednesday due to strong market demand.

'The results of the TDF auction came as eligible counterparties brought back their cash to the BSP's facilities after the holidays,' central bank Deputy Governor Francisco Dakila Jr. said in a statement.

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