The auction of Bangko Sentral ng Pilipinas (BSP) securities continued to be oversubscribed but the average rate and bids were lower this week. The 28-day BSP bills, still offered at P100 billion, received P153.98 billion tenders on Friday. Bids were lower compared to the previous auction of P183.25 billion. Peso ...

Source: Manila Bulletin (https://mb.com.ph/2021/08/20/bsp-bills-rate-falls/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-bills-rate-falls)