Term deposit yields decline as inflation eases to 7&month low

YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) declined on Wednesday following slower-than-expected headline inflation in August. Demand for the central bank’s term deposit facility (TDF) amounted to P218.169 billion on Wednesday, above the P200-billion offering. However, this was below the P239.937 billion in bids for a P220-billion offer last week. […]

Term deposit yields decline as inflation eases to 7&month low
YIELDS on the term deposits of the Bangko Sentral ng Pilipinas (BSP) declined on Wednesday following slower-than-expected headline inflation in August. Demand for the central bank’s term deposit facility (TDF) amounted to P218.169 billion on Wednesday, above the P200-billion offering. However, this was below the P239.937 billion in bids for a P220-billion offer last week. […]