Banks showed subdued appetite for the Bangko Sentral ng Pilipinas’ (BSP) auction of term deposit facility (TDF) this week with tenders amounting to P524.3 billion versus offer of P510 billion. “The BSP maintained the TDF offer volume at P510 billion and the distribution mix between the 7-day and 14-day tenors ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/26/subdued-demand-for-tdf-this-week/?utm_source=rss&utm_medium=rss&utm_campaign=subdued-demand-for-tdf-this-week)