THE central bank will increase the weekly volume of the term deposit facility (TDF) to P180 billion from P130 billion to siphon off liquidity overflowing from its overnight deposit facility (ODF).
The Bangko Sentral ng Pilipinas (BSP) is raising the weekly TDF offer at P150 billion from P120 billion for the 28-dayfacility on December 1. The volume for the seven-day tenor will also be raised to P30 billion from P10 billion.
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