HOME  ABOUT THE BANK  MONETARY POLICY  BANKING SUPERVISION  PAYMENTS & SETTLEMENTS  STATISTICS  FEEDBACK CORNER
   BSP NOTES & COINS  MONETARY OPERATIONS  LOANS-CREDIT & ASSET MGT  PUBLICATIONS & RESEARCH  REGULATIONS  PROCUREMENT

Feedback Corner

Publications and Research

Media Releases

BSP Rediscount Rates for May 2017 and Availments as of April 2017

05.10.2017

The BSP announced today the applicable Peso Rediscount Facility and Exporters Dollar and Yen Rediscount Facility (EDYRF) rates for the month of May  2017 and loan availments as of 30 April 2017.

The Peso Rediscount Facility rates for Rediscounting Windows (RWs) I and II are as follows:

 

Loan Maturity

Rate (%)

RW I

RW II

90 days

3.5625

3.0000

180 days

3.6250

3.0625

360 days

n/a

3.1250


 

 

 

The Peso rediscount rates for RW I and II are based on the latest available BSP overnight lending rate and overnight reverse repurchase rate, respectively, plus term premia for longer maturities per Circular No. 916 dated 08 July 2016.

The following are the rates for the month of May for loans under the EDYRF:

Loan
Maturity

Rate (%)

Dollar

Yen

1-90 days

3.17233

2.00243

91-180 days

3.23483

2.06493

181-360 days

3.29733

2.12743


 

 

 

The EDYRF rates are based on the respective 90-day London Inter-Bank Offered Rate as of 28 April 2017 plus 200 basis points plus term premia for longer maturities pursuant to Circular No. 807 dated 15 August 2013.

Under the Peso Rediscount Facility, total availments covering the period       01 to 30 April 2017 amounted to P15 million, of which 1.5 percent went to production credits while the bulk or 98.5 percent went to other credits consisting of housing (97.5 percent) and permanent working capital (1.0 percent).

There was no availment under the EDYRF for the four months ending 30 April 2017.

Archives