THE central bank said Wednesday it may consider an adjustment in the reserve requirement ratio (RRR) of banks if more domestic liquidity continues to migrate to its term deposit facility (TDF).
Tuesday’s P90 billion TDF auction by the Bangko Sentral ng Pilipinas (BSP) continued to be oversubscribed, with total tenders reaching nearly P195 billion, indicating sustained interest in the facility.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.