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bworldonline.com - 6 month ago

Term deposit yields inch higher as market awaits US’ reciprocal tariffs

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits inched higher on Wednesday as the offer went undersubscribed, with the market preferring to stay on the sidelines ahead of the Trump administration’s announcement of its planned reciprocal tariffs. The central bank’s term deposit facility (TDF) fetched bids amounting to P155.35 billion on Wednesday, below [ ]


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