THE Bangko Sentral ng Pilipinas (BSP) said its term deposit facility (TDF) continues to attract strong demand as the latest auction of seven-day and 28-day tenors remained heavily oversubscribed.
The BSP said it received more than P230 billion worth of bids for the auction of P10-billion seven-day TDFs and P60-billion 28-day TDFs during Wednesday’s auction.
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