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BSP bills' rates drop on robust demand

Business World Philippines

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October 13, 2025

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) short-term securities fell on Friday as both tenors were oversubscribed.

The BSP bills fetched bids amounting to P171.6 billion on Friday, well above the P110-billion offer and the P136.913 billion in tenders for the same volume auctioned off the prior week. The central bank made a full award of the papers.

Broken down, tenders for the 28-day securities reached P84.104 billion, more than double the P40 billion auctioned off and also higher than the P65.45 billion in bids seen for a P45-billion offer volume in the previous week.

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