- Bangko Sentral ng Pilipinas awarded 332.8b pesos ($6b) term deposits offered at its weekly auction on March 8, lower than the intended volume of 340b pesos.
- 7-day term deposit undersubscribed; yields rose
- 14-day term deposit oversubscribed; yields rose
- Central bank didn’t offer 28-day term deposit
- Total bids 356.2b pesos. Last week, bids reached 245.1b pesos for an offering of 300b pesos