{"id":136920,"date":"2017-12-06T22:15:10","date_gmt":"2017-12-07T03:15:10","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=136920"},"modified":"2017-12-06T22:15:26","modified_gmt":"2017-12-07T03:15:26","slug":"banks-bid-more-on-7-day-tdf","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/12\/06\/banks-bid-more-on-7-day-tdf\/","title":{"rendered":"Banks bid more on 7-day TDF"},"content":{"rendered":"<figure id=\"attachment_109904\" aria-describedby=\"caption-attachment-109904\" style=\"width: 225px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/bsp-logo1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-109904\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/bsp-logo1.jpg\" alt=\"BSP data showed that tenders for the shorter-dated facility totaled to PHP41.269 billion, slightly higher than the PHP40 billion offering and the PHP37.351 billion bids in the previous week\u2019s auction. The auction committee made a full award.(PNA PHOTO) \" width=\"225\" height=\"225\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/bsp-logo1.jpg 225w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/bsp-logo1-150x150.jpg 150w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><figcaption id=\"caption-attachment-109904\" class=\"wp-caption-text\">BSP data showed that tenders for the shorter-dated facility totaled to PHP41.269 billion, slightly higher than the PHP40 billion offering and the PHP37.351 billion bids in the previous week\u2019s auction. The auction committee made a full award.(PNA PHOTO)<\/figcaption><\/figure>\n<p>MANILA &#8211; &#8211; Banks on Wednesday submitted higher bids on the Bangko Sentral ng Pilipinas\u2019 (BSP) seven-day Term Deposit Facility (TDF) but tenders remained muted for the 28-day facility.<\/p>\n<p>BSP data showed that tenders for the shorter-dated facility totaled to PHP41.269 billion, slightly higher than the PHP40 billion offering and the PHP37.351 billion bids in the previous week\u2019s auction. The auction committee made a full award.<\/p>\n<p>With the increase in bids, this tenor\u2019s bid coverage ratio improved to 1.0317 from last week\u2019s 0.9338.<\/p>\n<p>Its rate also ticked-up to 3.4171 percent from 3.4005 percent last week.<\/p>\n<p>On the other hand, bids for the longer-tenor facility totaled to PHP32.840 billion, lower than the PHP40 billion offering and the PHP45.376 billion last week.<\/p>\n<p>This led rate to drop to 3.4940 percent from last week\u2019s 3.4920 percent.<\/p>\n<p>Bid coverage ratio, meanwhile, rose to 0.8210 from last week\u2019s 0.5042.<\/p>\n<p>For the auction on Dec. 13, the BSP will still offer both facilities for PHP40 billion. (PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA &#8211; &#8211; Banks on Wednesday submitted higher bids on the Bangko Sentral ng Pilipinas\u2019 (BSP) seven-day Term Deposit Facility &hellip;<\/p>\n","protected":false},"author":33,"featured_media":109904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[20472,37393],"class_list":["post-136920","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bangko-sentral-ng-pilipinas-bsp","tag-seven-day-term-deposit-facility-tdf","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/136920","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=136920"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/136920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/109904"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=136920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=136920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=136920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}