• Bangko Sentral ng Pilipinas awarded all of 190b pesos ($3.31b) term deposits offered at its weekly auction on April 24.
  • 7-day term deposit oversubscribed; yields fell
  • 14-day term deposit oversubscribed; yields fell
  • Total bids 250.3b pesos. Last week, bids reached 220b pesos for an offering of 350b pesos