![PH’s BSP_0515](https://firstmetro.com.ph/wp-content/uploads/2024/05/PHs-BSP_0515.jpg)
- Bangko Sentral ng Pilipinas awarded 235.3b pesos ($4.08b) term deposits offered at its weekly auction on May 15, lower than the intended volume of 250b pesos.
- 7-day term deposit oversubscribed; yields rose
- 14-day term deposit undersubscribed;
- Total bids 237.4b pesos. Last week, bids reached 228.4b pesos for an offering of 260b pesos