• Bangko Sentral ng Pilipinas awarded 188.9b pesos ($3.36b) term deposits offered at its weekly auction on Feb. 28, lower than the intended volume of 210b pesos.
  • 7-day term deposit undersubscribed; yields fell
  • 14-day term deposit undersubscribed; yields fell
  • Total bids 190.9b pesos. Last week, bids reached 342.7b pesos for an offering of 310b pesos