Demand back for 7-day tenor in TDF auction

THE - lion term deposit facility (TDF) - Wednesday’s even as the seven-day tenor was oversubscribed.

accept all offers.

- tive weeks of undersubscription billion.

“It looks like the markets are especially for the shorter tenors

The interest rate for the seven

adoption of the interest rate cor facility aims to develop an active and more dynamic policy tool to - ket rates and ultimately enhance monetary policy.