• Bangko Sentral ng Pilipinas awarded all of 80b pesos ($4.96b) term deposits offered at its weekly auction on April 3.
  • 7-day term deposit oversubscribed; yields rose
  • 14-day term deposit oversubscribed
  • Total bids 334.6b pesos. Last week, bids reached 253.5b pesos for an offering of 250b pesos