BSP 28-day Bills' rate drop anew as demand remains strong
MANILA - Normalization of domestic liquidity after the Christmas holidays continues to drive demand for the Bangko Sentral ng Pilipinas' (BSP) 28-day Bills, which posted another interest rate decline on Friday. Data released by the central bank showed that weighted average accepted yield of the debt securities, which is among the BSP's excess liquidity mopping tools, slipped to 1.7053 percent from 1.7298 percent during the auction last January 14. BSP offered the debt paper for PHP100 bi...
Bangko Sentral Francisco Dakila Jr Manila Normalization Of Domestic Liquidity After The Christmas Holidays Continues To Drive Demand For Bangko Sentral Ng Pilipinas 39 Bsp 28 Day Bills Hich Posted Another Interest Rate Decline On Friday Data Released By The Central Bank Showed That Weighted Average Accepted Yield Of Debt Securities Hich Is Among The Bsp 39s Excess Liquidity Mopping Tools Lipped To 1 7053 Percent From 7298 During The Auction Last January 14 Bsp Offered Debt Paper For Php100 Billion And Committee Madea Full Award Total Tenders Amounted Php174 223 While Bid Coverage Ratio Stood At 7422 Deputy Governor Francisco Dakila Jr
Source: philippinetimes.com