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Term deposit rates up

MANILA, Philippines — Term deposit rates rose yesterday, bringing the seven-day term deposits to 3.3484 percent from last week’s 3.3334 percent with accepted.....»»

Category: financeSource: philstar philstarSep 13th, 2017

Banks swarm term deposit auction, rates rise

Term deposit rates rose across the board yesterday as banks swarmed the term deposit auction facility of the Bangko Sentral ng Pilipinas amid the rising expectation of a rate hike next week......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2018

Term deposit rates pick up

YIELDS on term deposits picked up anew yesterday as banks matched the offerings of the Bangko Sentral ng Pilipinas (BSP), mirroring market expectations for rising interest rates. Players betted as much as P97.548 billion under the term deposit facility (TDF) during Wednesday’s auction, slightly higher than the P96.262 billion the previous week and more than […] The post Term deposit rates pick up appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

TDF yields climb as BSP cuts offer volume

By Melissa Luz T. Lopez, Senior Reporter YIELDS FOR term deposits climbed across all tenors amid smaller volumes offered this week, with banks eyeing bigger margins as they expect market rates to keep rising. Banks wanted to place P96.262 billion under the term deposit facility (TDF) yesterday, slightly higher than the P90 billion which the […] The post TDF yields climb as BSP cuts offer volume appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 26th, 2018

Term deposit rates mixed

Interest rates on term deposits were mixed in yesterday’s auction, with the longer 14 and 28-day tenors commanding higher yields, the Bangko Sentral ng Pilipinas reported......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2018

TDF auction mixed as demand rises for seven-day instrument

TERM DEPOSITS were mixed during yesterday’s auction as market participants favored the week-long tenor, which came amid a steeper climb in rates compared to previous weeks. Bids for the term deposit facility (TDF) softened to P112.07 billion, down from the P133.034 billion worth of tenders received the previous week and matching the P110 billion offered […] The post TDF auction mixed as demand rises for seven-day instrument appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 18th, 2018

Term deposit rates continue to rise amid inflationary pressures

The Bangko Sentral ng Pilipinas (BSP) expects a continued increase in the yields of term deposits due to mounting inflationary pressures and more rate hikes by the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2018

Inflation expectations driving higher bids under TDF

EXPECTATIONS of rising inflation and rising global yields are prompting banks to seek bigger margins for term deposits despite abundant money supply, a central bank official said. Rates fetched under the term deposit facility (TDF) rose further during this week’s auction even as bank bids went above the P110-billion auction volume set by the Bangko […] The post Inflation expectations driving higher bids under TDF appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 13th, 2018

Term deposit rates rise further

MANILA, Philippines — Term deposits continued to fetch higher rates as banks awash with cash swarmed yesterday’s auction anew......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2018

Term deposit rates rise across the board

MANILA, Philippines — Term deposit rates rose across the board yesterday, ahead of the impending reduction in the level of deposits that banks are required t.....»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2018

BSP cuts bank reserve requirement

By Melissa Luz T. Lopez Senior Reporter THE CENTRAL BANK on Thursday announced a one percentage point cut in bank reserve requirement which takes effect next month, describing the change as “operational” to spur financial market reforms as it now relies largely on weekly term deposit auctions to influence interest rates. In a statement, the […].....»»

Category: newsSource:  bworldonlineRelated NewsFeb 16th, 2018

Term deposit rates rise

MANILA, Philippines — Term deposit fetched higher rates as investors adopt a wait-and-see attitude with regards to the impending rate hike by the US Federal.....»»

Category: financeSource:  philstarRelated NewsNov 15th, 2017

Banks swarm TDF auction; rates ease

MANILA, Philippines — Banks swarmed yesterday the term deposit auction facility (TDF), resulting in lower yields for the debt instrument......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2017

Term deposit rates drop

MANILA, Philippines — The term deposit auction facility (TDF) of the Bangko Sentral ng Pilipinas fetched lower rates yesterday but remained undersubscribed......»»

Category: financeSource:  philstarRelated NewsSep 27th, 2017

Term deposit rates up

MANILA, Philippines — Term deposit rates rose yesterday, bringing the seven-day term deposits to 3.3484 percent from last week’s 3.3334 percent with accepted.....»»

Category: financeSource:  philstarRelated NewsSep 13th, 2017

Term deposit rates steady

MANILA, Philippines - Term deposit rates moved sideways yesterday as banks anticipate a higher demand for cash ahead of the long weekend as well as higher le.....»»

Category: financeSource:  philstarRelated NewsAug 23rd, 2017

Term deposit rates ease

MANILA, Philippines - Term deposit rates eased yesterday as excess funds of banks continue to flock back to the facilities of the Bangko Sentral ng Pilipinas.....»»

Category: financeSource:  philstarRelated NewsAug 9th, 2017

Term deposit rates increase

MANILA, Philippines -  Investors snubbed both short and longer-dated term deposits, resulting in undersubscription of the term deposit facility (TDF) auction.....»»

Category: financeSource:  philstarRelated NewsJul 19th, 2017

Finance: TDF rates end mixed as demand drops slightly

RATES for the central bank's term deposit auction posted mixed movements yesterday, with the week-long yield hitting a two-month high while the month-long tenor dropped anew amid ample money supply in the system......»»

Category: financeSource:  bworldonlineRelated NewsJul 12th, 2017

Term deposit rates mixed

MANILA, Philippines -  The yield of the seven-day term deposits fell below three percent while that of the 28-day term deposits inched up as yesterday’s auct.....»»

Category: financeSource:  philstarRelated NewsJun 21st, 2017

Term deposits yield mixed

MANILA, Philippines -  Term deposit rates showed mixed results during yesterday’s auction as trust entities continued to wind up their holdings in the overni.....»»

Category: financeSource:  philstarRelated NewsJun 7th, 2017