US EditionRates of central bank securities end lower with both tenors oversubscribed - BusinessWorld Online
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Rates of central bank securities end lower with both tenors oversubscribed - BusinessWorld Online
YIELDS on the central bank’s short-term securities ended lower on Friday, with strong demand seen for both tenors. The Bangko Sentral ng Pilipinas (BSP) bills fetched bids amounting to P149.916 billion on Friday, higher than the P80-billion offer and the P124.432 billion in tenders for the P120 billion auctioned off a week prior. The central bank awarded P80 billion in securities as planned. Broken down, tenders for the 28-day BSP bills reached …
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