- Bangko Sentral ng Pilipinas awarded 238.3b pesos ($4.33b) term deposits offered at its weekly auction on March 1, lower than the intended volume of 300b pesos.
- 7-day term deposit undersubscribed; yields rose
- 14-day term deposit undersubscribed; yields rose
- Central bank didn’t offer 28-day term deposit
- Total bids 245.1b pesos. Last week, bids reached 324.8b pesos for an offering of 280b pesos