1.7	PORTFOLIO INVESTMENT
	in million U.S. dollars
							2006 p/							Q2				Growth		Jan-Jun				Growth Rate
		ITEM					Jan	Feb	Mar	Apr	May	Jun		2006	p/	2005	r/	Rate (%)		2006	p/	2005	r/	2006	2005	r/
	PORTFOLIO INVESTMENT						2142	-218	-360	-292	-275	-537		-1104		2056		-153.7		460		3245		-85.8	551.9
		ASSETS :  Residents' Investments Abroad					-328	440	285	311	29	462		802		-448		279.0		1199		1430		-16.2	565.1
		Equity  securities					13	0	10	4	0	4		8		1		700.0		31		2		1450.0	-75.0
			Monetary  Authorities				0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
			General  Government				0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
			Banks				0	0	0	0	0	0		0		0		0.0		0		0		0.0	-100.0
			Other sectors				13	0	10	4	0	4		8		1		700.0		31		2		1450.0	-66.7
		Debt  securities					-341	440	275	307	29	458		794		-449		276.8		1168		1428		-18.2	589.9
			Bonds and notes				-299	351	255	285	23	434		742		-490		251.4		1049		1441		-27.2	1067.1
				Monetary  Authorities			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				General  Government			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				Banks			-269	304	210	242	17	356		615		-434		241.7		860		1271		-32.3	765.4
				Other sectors			-30	47	45	43	6	78		127		-56		326.8		189		170		11.2	304.8
			Money-market instruments				-42	89	20	22	6	24		52		41		26.8		119		-13		1015.4	-103.7
				Monetary  Authorities			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				General  Government			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				Banks			0	0	0	0	0	0		0		-87		100.0		0		-176		100.0	-152.7
				Other sectors			-42	89	20	22	6	24		52		128		-59.4		119		163		-27.0	640.9
		LIABILITIES : Non-residents' Investments					1814	222	-75	19	-246	-75		-302		1608		-118.8		1659		4675		-64.5	1029.4
			in the Philippines
		Equity  securities					24	499	52	224	143	20		387		256		51.2		962		1303		-26.2	627.9
			Banks				2	0	0	0	0	0		0		3		-100.0		2		-1		300.0	-200.0
			Other sectors				22	499	52	224	143	20		387		253		53.0		960		1304		-26.4	632.6
		Debt  securities					1790	-277	-127	-205	-389	-95		-689		1352		-151.0		697		3372		-79.3	594.4
			Bonds and notes				1790	-277	-127	-208	-409	-99		-716		1352		-153.0		670		3365		-80.1	593.4
				Monetary  Authorities			-30	-31	-30	-116	110	0		-6		9		-166.7		-97		-24		-304.2	80.2
				General  Government			1699	-250	-209	-93	-500	115		-478		1004		-147.6		762		3300		-76.9	1097.0
				Banks			0	0	0	1	-1	1		1		-19		105.3		1		230		-99.6	0.0
				Other sectors			121	4	112	0	-18	-215		-233		358		-165.1		4		-141		102.8	38.7
			Money-market instruments				0	0	0	3	20	4		27		0		0.0		27		7		285.7	0.0
				Monetary  Authorities			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				General  Government			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				Banks			0	0	0	0	0	0		0		0		0.0		0		0		0.0	0.0
				Other sectors			0	0	0	3	20	4		27		0		0.0		27		7		285.7	0.0
p/  - preliminary
r/   - Revised to reflect post audit adjustments
Note:   Balance is derived by deducting assets from liabilities.