PDST-F definition
PDST-F means Philippine Dealing System Treasury – Fixing Rate, the reference rates displayed as of 11:16 a.m. on the second Banking Day prior to the redemption date on the Philippine Dealing and Exchange (“PDEx”) terminal or the page (PDSTSY) in the Reuters terminal where the average of the best sixty percent (60%) of the live bids of the fixing banks in the secondary market for the purchase of the Peso-denominated treasury bills and bonds are published daily.
Examples of PDST-F in a sentence
DepEd shall pay the Proponent a compensation for loss of investment equal to: ⚫ Present value of scheduled but unpaid lease payments for the Sub-Project as of the date the DepEd determines that the Sub-Project cannot be used permanently, using a discount rate of PDST-F + 2.5% less the cost of Periodic Maintenance Works that have not been undertaken when the FM occurred, equivalent to 5% of the Sub-Project Contract Price.