Local banks will cap their interest rates for special deposit accounts to match the benchmark 91-day Treasury bills.
2.
The 1996 quarter included a one-time charge of $ 152.7 million to cover a special deposit-insurance assessment and branch-acquisition costs.
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Special deposits totaling $ 750 million from the Manila branch of ING Bank recently helped shore up the BSP's reserves.
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Special Deposit C117F-1, a Teotihuacan style cremation of three individuals dates precisely to this period, indicating early influences from northern Mexico
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Also, only certain special deposits of salts or clays on Mars would have the capability to preserve organics for billions of years.
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The 1996 quarter included a one-time charge of $ 152 . 7 million to cover a special deposit-insurance assessment and branch-acquisition costs.
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The latest development comes after the BSP last month had managed to raise $ 750 million through a special deposit arrangement with ING Barings.
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The new interest rates to be offered by local banks for special deposit accounts will be capped to match the benchmark 91-day Treasury bill.
9.
The central bank has already raised dlrs 750 million through a special deposit arrangement with ING Barings, and is also considering a dlrs 200 million peso-denominated Eurobond float for later this year.
10.
The Bureau of Treasury attributed the drop in yields to an initiative by commercial banks to place a temporary cap on special deposit rates and lower prime lending rates by 1 percentage point weekly.
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