The central bank on Wednesday said it might again consider hiking the volume offer for its term deposit facility (TDF) auction if the oversubscription trend continues.

“If the trend of oversubscription continues then we might decide to increase. But that is not final yet. We will have to make an assessment--whether there will be a room or a need or there will be a need to adjust the auctions,” Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. told reporters on the sidelines of 13th Awards Ceremony and Appreciation Lunch for BSP Stakeholders held on Wednesday.

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