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Treasury rejects high bids for T-bills

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Rising government borrowing costs were stemmed as the Bureau of the Treasury rejected bids for “unreasonably” high interest rates on short-term IOUs sold Monday.

Posted: August 5th, 2014 in Headlines | Read More »

BSP expected to raise SDA rate anew

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American banking giant JP Morgan Chase sees the Bangko Sentral ng Pilipinas raising the rate on its special deposit accounts (SDAs) for the last time by another 25 basis points during the next policy meeting on July 31 before increasing its key overnight borrowing rates in the fourth quarter.

Posted: July 8th, 2014 in Headlines | Read More »

No change in key policy; SDA rate reset

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INQUIRER FILE PHOTO

Monetary officials on Thursday decided not to hike benchmark interest rates, but saw it fit to reset the rate on special deposit accounts (SDA) to encourage banks to park more cash with the regulator.

Posted: June 20th, 2014 in Editor's Pick,Headlines | Read More »

Growth in money supply slowed down in December

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The growth in the amount of money in the economy eased in December as liquidity levels normalized following the withdrawal of funds from the central bank’s special deposit accounts (SDA).   Data from the Bangko Sentral ng Pilipinas (BSP) showed that the growth in domestic liquidity or M3 slowed to 32.7 percent in December from […]

Posted: January 31st, 2014 in Headlines | Read More »

Domestic liquidity posts record growth

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The amount of money in the economy grew at a record high in November amid massive withdrawals of cash from the central bank’s special deposit accounts (SDA), data released last week showed.   The Bangko Sentral ng Pilipinas (BSP) late last week said domestic liquidity or M3 grew by a record 36.5 percent in November, […]

Posted: December 29th, 2013 in Headlines | Read More »

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