Yields on term deposits drop on strong demand

Yields on term deposits drop on strong demand.....»»

Category: financeSource: bworldonline bworldonlineSep 11th, 2019

Yields on term deposits decline as offer attracts strong demand

THE CENTRAL BANK’S term deposit facility (TDF) was more than twice oversubscribed on Wednesday, bringing yields down, on the back of strong demand from banks due to recent reserve requirement cuts......»»

Category: financeSource:  bworldonlineRelated NewsJul 3rd, 2019

Finance: Term deposit rates drop

BIDS FOR THE central bank's term deposits again went beyond program yesterday as demand for liquidity went back to normal, an official from the Bangko Sentral ng Pilipinas (BSP) said, allowing a decline in yields fetched during the auction......»»

Category: financeSource:  bworldonlineRelated NewsJan 11th, 2017

Finance: Term deposits attract strong demand

THE CENTRAL BANK'S term deposit facility (TDF) remained slightly oversubscribed yesterday as banks and trust firms remained awash with cash, although yields sustained an uptrend to hover around 3%......»»

Category: financeSource:  bworldonlineRelated NewsDec 14th, 2016

Finance: Yields on BSP's term deposits increase

BANKS and trust firms swarmed the central bank's term deposit facility (TDF) yesterday, with bids going beyond the auction volume after a drop in total demand seen the previous week and as rates hovered at the 3% level......»»

Category: financeSource:  bworldonlineRelated NewsDec 7th, 2016

Term deposit yields still on the rise

MANILA, Philippines – Term deposits continued to fetch higher yields amid strong demand from banks and trust entities, the Bangko Sentral ng Pilipinas (BSP).....»»

Category: financeSource:  philstarRelated NewsNov 10th, 2016

Finance: Yields on term deposits rise on strong demand

THE BANGKO SENTRAL ng Pilipinas (BSP)'s auction of term deposits fetched higher yields anew, sustaining an upward trend seen since the weekly offerings started, with authorities seeing room to raise auction sizes further as bids remained aboveboard......»»

Category: financeSource:  bworldonlineRelated NewsNov 9th, 2016

Finance: TDF auction sees strong demand

THE CENTRAL BANK'S offer of P70 billion in term deposits was oversubscribed anew yesterday, with yields remaining at 2.5% as banks and trust companies continue to hold excess liquidity......»»

Category: financeSource:  bworldonlineRelated NewsAug 10th, 2016

Term deposit yields higher

Term deposits yielded higher rates across the board on Wednesday amid the strong inflows of funds into the financial system as easing inflation and dovish US Federal Reserve give the Bangko Sentral ng Pilipinas (BSP) more room to ease policy stance......»»

Category: financeSource:  philstarRelated NewsJul 18th, 2019

T-bill yields drop as high liquidity persists

Short-term government securities yesterday fetched lower rates across-the-board amid strong liquidity in the market, the Bureau of the Treasury (BTr) said......»»

Category: financeSource:  philstarRelated NewsMay 27th, 2019

Term deposit rates drop as demand remains high

MANILA, Philippines – Term deposits fetched lower rates amid higher demand with the improving liquidity in the financial system, the Bangko Sentral ng Pilipi.....»»

Category: financeSource:  philstarRelated NewsJan 11th, 2017

BSP hikes term deposit volume to P110 B

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) raised anew the volume of term deposits being auctioned every Wednesday amid strong demand from b.....»»

Category: financeSource:  philstarRelated NewsSep 21st, 2016

Finance: BSP raises TDF volumes as demand soars

THE BANGKO SENTRAL ng Pilipinas (BSP) will raise auction volumes for term deposits to P110 billion next month after this week's sale fetched higher yields anew, with the central bank looking to raise the amount of weekly offers further......»»

Category: financeSource:  bworldonlineRelated NewsSep 21st, 2016

BSP mulls offering more term deposits

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) may offer more term deposits due to strong demand from banks and trust entities, resulting in hig.....»»

Category: financeSource:  philstarRelated NewsSep 7th, 2016

BSP sees sustained demand for term deposits

MANILA, Philippines The Bangko Sentral ng Pilipinas (BSP) said it expects sustained strong demand from investors for the term deposit facility (TDF) amid t.....»»

Category: financeSource:  philstarRelated NewsJul 27th, 2016

Finance: Yields on T-bills drop as demand surges

THE GOVERNMENT yesterday made a full award of Treasury bills (T-bills) auctioned as strong demand drove down borrowing cost and pushed rates lower than both previous and secondary market......»»

Category: financeSource:  bworldonlineRelated NewsJul 18th, 2016

Term deposit yields down across the board

Yields of term deposits eased across all tenors as banks continued to park their excess funds in the liquidity absorption facility......»»

Category: financeSource:  philstarRelated NewsSep 11th, 2019

Yields on term deposits decline following BSP’s policy rate cut

Yields on term deposits decline following BSP’s policy rate cut.....»»

Category: newsSource:  bworldonlineRelated NewsAug 15th, 2019

Term deposit rates rise anew

Yields of term deposits rose across the board anew on Wednesday as overall liquidity conditions remain adequate to support the country’s economic growth requirements......»»

Category: financeSource:  philstarRelated NewsJul 25th, 2019

Term deposit rates ease

The yields of term deposits eased across the board after the Bangko Sentral ng Pilipinas (BSP) decided to keep interest rates unchanged last week to assess the impact of earlier monetary actions......»»

Category: financeSource:  philstarRelated NewsJun 27th, 2019

Seven takeaways from Lakers reported trade for Anthony Davis

By Steve Aschburner, Here are seven takeaways on the reported blockbuster trade sending New Orleans star forward Anthony Davis to the Los Angeles Lakers. 1. Davis gets what he wanted all along Davis and his camp, fronted by agent Rich Paul, first made noise about getting out of New Orleans in January, when he still had a year and a half to go before he even reached the player-option year in his Pelicans contract extension. New Orleans management, notably GM Dell Demps, resisted the power play then. Of course, Demps lost his job after resisting the trade demand and seeing the ripple effects undermine his own team’s season. Demps’ replacement, David Griffin, took over on a more traditional timeline -- one year out from the dreaded possibility of having a star free agent walk without compensation. After apparently trying to change Davis’ mind, Griffin did what he felt he had to do. So the six-time All-Star doesn’t have to wait until the summer of 2020, or even the trade deadline in February, to swap a less glamorous market for the bright lights and a franchise that has never won for the Lakers’ legacy of champions built around elite big men. 2. Will future franchise players do the same? What cost did Davis pay for his trade demand? Not much. His playing time plummeted from about 37 minutes in the first four months of 2018-19 to 22 in the 16 games he actually played after Jan. 18 (Jan. 19, PHL time). He did not participate at all in 21 games as New Orleans tried to protect its asset, which derailed any ambitions with which the Pelicans began the season. They went 12-24 in those 36 games to fall into the lottery – and land the No. 1 pick. But that didn’t concern Davis. He got what he wanted. The Pelicans got what they could. 3. Right package at right time for Pelicans There’s a time-value to money and there’s a time-value in trades, too. The best time for Griffin to deal was now, with the No. 4 pick in this year’s Draft in play to team with the No. 1 pick that presumably will be on Duke’s Zion Williamson. Landing that, along with two more first-round picks from the Lakers, a Draft pick swap, and players Brandon Ingram, Lonzo Ball and Josh Hart (per ESPN’s report), shifts New Orleans into full rebuild mode with an exciting core of current and maybe future young players. Could Griffin have gotten more had he waited deeper into the offseason or heading toward the in-season trade deadline? Perhaps. But Boston, the other oft-purported suitor for Davis, no longer could count on teaming Davis with Kyrie Irving, who will explore free agency (and likely leave). Besides, the Celtics never did want to part with Jayson Tatum, so what they could offer the Pelicans was limited. Didn’t matter, anyway. Griffin didn’t want to drag this into a new season. In fact, he might work the phones to find point guard Jrue Holiday’s market value. As strong as Holiday is as a leader and two-way player, at 29 with 10 seasons in, he’s out of sync with the new era in N’Awlins. 4. Griffin should have held out for Kyle Kuzma OK, the Lakers had committed publicly to keeping Kuzma, the overachieving forward and No. 27 pick in 2017, out of the deal. And as noted above, the Pelicans were on the clock to make a clean break with Davis pre-Draft. But would the Lakers really have scuttled the deal if Griffin had held out for Kuzma? Some say yes, as the time factor gave them leverage. I’m not so sure. I’m reminded of the blockbuster deal that sent Kevin Garnett from Minnesota to Boston in 2008. Word eventually got out that Kevin McHale, the Wolves’ president of basketball operations, had wanted a raw point guard named Rajon Rondo in the package of players Minnesota received. His Celtics’ counterpart and buddy, Danny Ainge, pushed Sebastian Telfair instead. But with Paul Pierce and Ray Allen on board, and Garnett so close to his wearing o’ the green, would Ainge have blown up the trade over young Rondo? Same applies here. So the positive spin on Kuzma staying put is, the Lakers did well to keep him. 5. LeBron gets his greatest sidekick yet That statement might offend a few folks. Dwyane Wade for one. Maybe Irving, Chris Bosh or Kevin Love, too. Heck, Davis might bristle at the idea of being anyone’s “sidekick” after being the man in Mardi Gras to this point in his career. But the truth can’t be controversial, and the success of this deal will be measured in the short-term by how well Davis meshes with James in the superstar’s quest for a fourth ring and beyond. Some believed that agent Rich Paul, who represents both James and Davis, was more concerned with helping the former than the latter, which Paul refuted a few days before news came out on this blockbuster trade. Who’s to say AD wouldn’t have thrived and won sooner in Boston had the Celtics and Pelicans worked out a Kawhi-like rent-a-player price? What if James not only is past his best years, but his most durable ones, and injuries intervene as he heads to age 35 and beyond to stymie title hopes? For James, though, there’s no downside to this. Ingram, because of the blood clot issue that cut short his 2018-19 season, is an unknown for now. Ball isn’t essential with James as a ball dominator. Hart actually backslid in his second season. And James has little or no use for draft picks at this stage of his career. Davis is good enough to carry the bigger load relative to James, more than any of his past Super Friends who all caught him in his extended prime. But it’s still to be determined how they’ll work that out – the two previous elite big men that he played alongside, Bosh and Love, wound up as No. 3 options once they teamed with James. 6. Kemba Walker might be next in Lakers’ sights Walker is a free agent who has served his time in Charlotte, a team that might not want to be locked into a super-max deal for their lone star anyway. He would be a nice backcourt complement to James and Davis, another scorer if not the pure shooter L.A. would seem to need. Speaking of which, that suggests other free-agent implications as the Lakers search for shooters. Say, if not J.J. Redick himself, then the next Redick perhaps. 7. So long Warriors, hello Lakers in 2020 Finals? You’ve got to admit, it would be something to see LeBron James pop up on the Western Conference’s finalist vying for a championship, in what lately has been Golden State’s accustomed spot. That’s what some anticipated for this June, until the Lakers went sideways with injuries and dysfunction. But with ESPN’s report of the Davis trade, a team that already was ranked atop the NBA’s contenders for 2020 saw its odds improve. Caesars Sportsbook put the Lakers as 7-2 favorites, ahead of the Bucks (6-1), the L.A. Clippers (6-1), the newly crowned Raptors (8-1), the Rockets (8-1) and what would be a distinctly different Warriors team (11-1). Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsJun 16th, 2019