P235.8B in offers for 28-day BSP bills

By Eireene Jairee Gomez

Jan 14, 2023 12:21 am

DEMAND for 28-day bills remains 'strong' ahead of an expected policy rate hike next month, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

The P160.0-billion offering was oversubscribed with a total of P235.580 billion in bids, 1.47 times the volume offered.

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