![032024 – PH’s BSP awards 275.8B](https://firstmetro.com.ph/wp-content/uploads/2024/03/032024-PHs-BSP-awards-275.8B.jpg)
- Bangko Sentral ng Pilipinas awarded 275.8b pesos ($4.91b) term deposits offered at its weekly auction on March 20, lower than the intended volume of 310b pesos.
- 7-day term deposit undersubscribed; yields fell
- 14-day term deposit undersubscribed; yields fell
- Total bids 275.8b pesos. Last week, bids reached 338.6b pesos for an offering of 400b pesos