What is SDA?
SDA is special Deposit Account
What makes SDA special?
It is a short term liability product of Bangko Sentral ng Pilipinas.
You can consider it as almost risk free investment. SDA giver higher interest compared to cash deposits
Where to see SDA rate? Where to check SDA rate?
The current SDA rate is viewable on BSP website http://www.bsp.gov.ph/
I want to learn more..
You can read on the following posts
http://pesonijuan.blogspot.com/2012/10/special-deposit-account.html
http://www.pinoymoneytalk.com/bsp-sda-investment/
http://www.financemanila.advfn.com/2008/11/what-are-sda-special-deposit-accounts/
https://www.bpiassetmanagement.com/pages/bpi-trust-sda/
SDA receives rate cut and the interest rate was greatly reduced.
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