{"id":170721,"date":"2018-07-12T21:01:44","date_gmt":"2018-07-13T01:01:44","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=170721"},"modified":"2018-07-12T21:01:44","modified_gmt":"2018-07-13T01:01:44","slug":"term-deposit-facility-yields-decline","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/07\/12\/term-deposit-facility-yields-decline\/","title":{"rendered":"Term deposit facility yields decline"},"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=\"The inflation level last July brought the year-to-date average to 3.1 percent. The year-ago level is lower at 1.9 percent. (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\">The central bank awarded in full the seven-day TDF at 3.757 percent rate. (PNA photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; Data from the Bangko Sentral ng Pilipinas (BSP) showed that weighted average accepted yields for term deposit facility (TDF) across all tenors declined on Wednesday\u2019s auction.<\/p>\n<p>The central bank awarded in full the seven-day TDF at 3.757 percent rate, lower than last week\u2019s yield of 3.7779 percent.<\/p>\n<p>This tenor was offered at PHP40 billion, but tenders for the short-term TDF amounted to PHP49.38 billion.<\/p>\n<p>The 14-day TDF fetched a weighted average rate of 3.9258 percent, declining from its 3.9309 percent yield in last week\u2019s auction.<\/p>\n<p>Likewise, the facility was oversubscribed at PHP51.39 billion, where it was only bidded at PHP40 billion.<\/p>\n<p>Rates for the 28-day TDF also decreased its yield to 3.9346 percent this week from last week\u2019s interest rate of 3.9442 percent.<\/p>\n<p>Tenders were also higher than the PHP20 billion offering for the 28-day TDF, as bids reached PHP28.23 billion.<\/p>\n<p>Meanwhile, the BSP will offer the same amount of TDF next week amounting to PHP100 billion. TDF offerings remain stable at this level since June 6.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; Data from the Bangko Sentral ng Pilipinas (BSP) showed that weighted average accepted yields for term deposit facility (TDF) &hellip;<\/p>\n","protected":false},"author":33,"featured_media":109791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1216,15625],"class_list":["post-170721","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bangko-sentral-ng-pilipinas","tag-term-deposit-facility","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/170721","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=170721"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/170721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/109791"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=170721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=170721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=170721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}