The central bank will be conducting liquidity forecasting to determine auction volumes once an interest rate corridor (IRC) system takes effect next year, a senior official said on Tuesday.
“Depending on the numbers that will come out, it will be the volume that we are going to announce. It is going to be advanced so that the market will be given sufficient time,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa Guinigundo told reporters.
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