TDF rates up but undersubscribed 0 SHARES Share it! During Wednesday’s TDF auction, total tenders were lower at P58.49 billion versus offer of P70 billion, and from the previous week’s total bids of P85 billion. The 7-day TDF, offered at P40 billion, were undersubscibed at P37.23 billion, lower than the previous P52.17 billion. The 14-day tenor, offered at P20 billion, were also undersubscribed at P14.62 billion from P21.18 billion last week. The 28-day term deposit, offered at P10 billion, only attracted P6.63 billion, lower than the December 12 auction of P11.71 billion.

Source: Manila Bulletin December 19, 2018 13:52 UTC