Term deposit facility yields decline

MANILA — Data from the Bangko Sentral ng Pilipinas (BSP) showed that weighted average accepted yields for term deposit facility (TDF) across all tenors declined on Wednesday’s auction.

The central bank awarded in full the seven-day TDF at 3.757 percent rate, lower than last week’s yield of 3.7779 percent.

This tenor was offered at PHP40 billion, but tenders for the short-term TDF amounted to PHP49.38 billion.

The 14-day TDF fetched a weighted average rate of 3.9258 percent, declining from its 3.9309 percent yield in last week’s auction.

Likewise, the facility was oversubscribed at PHP51.39 billion, where it was only bidded at PHP40 billion.

Rates for the 28-day TDF also decreased its yield to 3.9346 percent this week from last week’s interest rate of 3.9442 percent.

Tenders were also higher than the PHP20 billion offering for the 28-day TDF, as bids reached PHP28.23 billion.

Meanwhile, the BSP will offer the same amount of TDF next week amounting to PHP100 billion. TDF offerings remain stable at this level since June 6. (Kris Crismundo/PNA)

Popular

PBBM hails historic moment towards achieving lasting peace in Mindanao

By Dean Aubrey Caratiquet “Hinding-hindi namin kayo pababayaan.” Such a simple Filipino statement, yet one that defines a powerful message—a commitment to not leave someone behind...

PBBM hails chefs, establishments that elevate Filipino cuisine on the global stage

By Dean Aubrey Caratiquet “For Filipinos, food is never just about food.” Reaffirming his support for Filipino cuisine, President Ferdinand R. Marcos Jr. graced the MICHELIN...

PBBM champions sustainable mobility in e-trike assembly plant visit

By Dean Aubrey Caratiquet Consistent with the administration’s thrust towards sustainable mobility, the government continues to express its support for enterprises that share the same...

Pag-IBIG financed homes increase 15% to over 68K in 9 months, socialized housing grows 173% under PBBM’s Expanded 4PH

Pag-IBIG Fund financed over 68,000 homes in the first nine months of 2026, up 15% from the same period last year, as financing for...