AN oversubscribed term deposit facility (TDF) auction on Wednesday indicates good demand from the market, but there is no need to recalibrate the policy tool so far, the central bank said.
The interest rate for the seven-day facility dropped to 2.99 percent from 3.00 percent, while the 28-day tenor fell to 3.38 percent from 3.39 percent.
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
.