{"id":128073,"date":"2017-11-02T05:56:19","date_gmt":"2017-11-02T09:56:19","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=128073"},"modified":"2017-11-02T05:56:19","modified_gmt":"2017-11-02T09:56:19","slug":"tdf-rates-up-this-week","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/11\/02\/tdf-rates-up-this-week\/","title":{"rendered":"TDF rates up this week"},"content":{"rendered":"
\"Data<\/a>
Data released by the central bank showed that rate of the six-day facility went up to 3.3548 percent from the 3.3546 percent last October 25 auction. (Photo:<\/a> Bangko Sentral ng Pilipinas\/ Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA\u2014 Rates of the Bangko Sentral ng Pilipinas\u2019 (BSP) Term Deposit Facility (TDF) rose Thursday, with banks exceeding the offering for the longer-dated facility.<\/p>\n

Data released by the central bank showed that rate of the six-day facility went up to 3.3548 percent from the 3.3546 percent last October 25 auction.<\/p>\n

Tenor of the shorter-dated facility in this week\u2019s trading was cut from the original seven-day on account of the All Saints\u2019 Day holiday Wednesday while it was raised to eight days in the previous auction also due to the holiday.<\/p>\n

BSP offered the six-day facility for PHP40 billion but tenders only reached PHP30.528 billion, which was fully accepted by the auction committee. Bids in last week\u2019s auction are higher at PHP40.868 billion.<\/p>\n

Rate of the facility increased but its bid coverage ratio declined to 0.7632 from last week\u2019s 1.0217.<\/p>\n

Rate of the 28-day facility ticked up to 3.4940 percent from the previous auction\u2019s 3.4925 percent.<\/p>\n

Bid coverage ratio improved to 1.0069 from 0.7569 last week.<\/p>\n

Tenders reached PHP90.619 billion, higher than the PHP90 billion offering and the PHP75.687 billion in the previous auction.<\/p>\n

For the November 8 auction, BSP will still offer the seven-day TDF for PHP40 billion and the 28-day facility for PHP90 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014 Rates of the Bangko Sentral ng Pilipinas\u2019 (BSP) Term Deposit Facility (TDF) rose Thursday, with banks exceeding the offering …<\/p>\n","protected":false},"author":33,"featured_media":96982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95],"tags":[20472,30891],"class_list":["post-128073","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","tag-bangko-sentral-ng-pilipinas-bsp","tag-term-deposit-facility-tdf","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/128073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=128073"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/128073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/96982"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=128073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=128073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=128073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}