{"id":242847,"date":"2020-01-22T22:09:10","date_gmt":"2020-01-23T03:09:10","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=242847"},"modified":"2025-01-14T00:31:56","modified_gmt":"2025-01-14T05:31:56","slug":"tdf-rates-decline-this-week","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/01\/22\/tdf-rates-decline-this-week\/","title":{"rendered":"TDF rates decline this week"},"content":{"rendered":"<figure id=\"attachment_239989\" aria-describedby=\"caption-attachment-239989\" style=\"width: 1920px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-239989 size-full\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920.jpg\" alt=\"\" width=\"1920\" height=\"1280\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920.jpg 1920w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920-300x200.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920-768x512.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/12\/manila-2832784_1920-1024x683.jpg 1024w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption id=\"caption-attachment-239989\" class=\"wp-caption-text\">Data released by the central bank showed that rate of the seven-day facility dropped to 4.0301 percent from 4.0851 percent during the auction last January 15. (Pixabay photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0\u2013 Rate of the Bangko Sentral ng Pilipinas\u2019 (BSP) term facilities fell across-the-board Wednesday due to oversubscription.<\/p>\n<p>Data released by the central bank showed that rate of the seven-day facility dropped to 4.0301 percent from 4.0851 percent during the auction last January 15.<\/p>\n<p>The central bank offered this tenor for PHP80 billion this week, higher than the PHP60 billion last week.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy ventolin online <a href=\"https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/ventolin.html\">https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/ventolin.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>Tenders reached PHP134.77 billion, also higher than the PHP95.282 billion in the previous week.<\/p>\n<p>This resulted in the rise of the bid coverage ratio to 1.6846 against the 1.5880 last week.<\/p>\n<p>Average rate of the 14-day facility also declined to 4.0530 percent from 4.1065 percent in the previous auction.<\/p>\n<p>Bids totaled to PHP76.564 billion, higher than the PHP60-billion offer. Last week, the PHP50 billion offer received PHP103.847 billion worth of bids.<\/p>\n<p>Bid coverage ratio fell to 1.2761 this week from last week\u2019s 2.0769.<\/p>\n<p>Average rate of the 28-day facility slipped to 4.0917 percent from last week\u2019s 4.1502 percent.<\/p>\n<p>BSP offered this for PHP60 billion and tenders are higher at PHP87.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy super cialis online <a href=\"https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/super-cialis.html\">https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/super-cialis.html<\/a> no prescription pharmacy <\/div>\n<p>322 billion.<\/p>\n<p>This week\u2019s offering is higher than the PHP50-billion last week, which got total bids of PHP75.02 billion.<\/p>\n<p>Bid coverage ratio decreased to 1.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy symbicort inhaler online <a href=\"https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/symbicort-inhaler.html\">https:\/\/www.islington-chiropractic.co.uk\/wp-content\/uploads\/2024\/08\/jpg\/symbicort-inhaler.html<\/a> no prescription pharmacy <\/div>\n<p>4554 from 1.5004 last week.<\/p>\n<p>All tenors were fully awarded this week.<\/p>\n<p>BSP Deputy Governor Francisco Dakila Jr. said TDF offering this week has been increased relative to last week yet, banks still submitted large bids.<\/p>\n<p>\u201cOversubscription was seen in all three TDF tenors as liquidity continues to gradually return following the holiday season,\u201d he said in a statement Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 Rate of the Bangko Sentral ng Pilipinas\u2019 (BSP) term facilities fell across-the-board Wednesday due to oversubscription. Data released by &hellip;<\/p>\n","protected":false},"author":44,"featured_media":239989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-242847","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/242847","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=242847"}],"version-history":[{"count":2,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/242847\/revisions"}],"predecessor-version":[{"id":284007,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/242847\/revisions\/284007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/239989"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=242847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=242847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=242847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}