TDF auction bears brunt of geopolitics – The Manila Times

Posted April 19, 2017 10:42 pm by Category: GEOPOLITICS

TDF auction bears brunt of geopolitics
The Manila Times
THE term deposit facility (TDF) auction on Wednesday failed to draw enough bids due to geopolitical uncertainties, according to an analyst. Out of the P180-billion offer, the Bangko Sentral ng Pilipinas (BSP) awarded only more than P116 billion. Bids

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