Rates of BSP's 28-day, 56-day bills move up

By Philippine News Agency

Jul 09, 2023 12:14 am

THE rates of the Bangko Sentral ng Pilipinas' (BSP) securities rose on Friday as demand remained strong both for the 28-day and 56-day tenors.

Data released by the central bank showed that the average rate of the shorter-dated BSP bill increased to 6.6619 percent, from 6.6562 percent during the auction on June 30.

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