![PH BSP_0131](https://firstmetro.com.ph/wp-content/uploads/2024/01/PH-BSP_0131.jpg)
- Bangko Sentral ng Pilipinas awarded 252.9b pesos ($4.48b) term deposits offered at its weekly auction on Jan. 31, lower than the intended volume of 310b pesos.
- 7-day term deposit undersubscribed; yields rose
- 14-day term deposit undersubscribed; yields fell
- Central bank didn’t offer 28-day term deposit
- Total bids 257.4b pesos. Last week, bids reached 282b pesos for an offering of 340b pesos