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 April 2018 and Availments as of March 2018

04.10.2018

The BSP has posted the applicable Peso Rediscount Facility and Exporters Dollar and Yen Rediscount Facility (EDYRF) rates for the month of April 2018 and loan availments as of 31 March 2018.

The Peso Rediscount Facility rates are as follows:

Loan Maturity

Rate (%)

1-90 days 

3.5625

 91-180 days 

3.6250

The Peso rediscount rates are based on the latest available BSP overnight lending rate, plus term premia per Circular No. 964 dated 27 June 2017.
 
The following are the rates for the month of April for loans under the EDYRF:

Loan Maturity

Rate (%)

 

Dollar

 Yen

1-90 days 

4.31175 

1.96867

91-180 days 

4.37425 

 2.03117

181-360 days 

4.43675 

2.09367


The EDYRF rates are based on the respective 90-day London Inter-Bank Offered Rate as of 29 March 2018 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 January 2018 to 31 March 2018 amounted to P7,036 million. Majority of which or 62.04 percent went to Other Credits which are particularly distributed to Capital Asset Expenditures (55.98 percent), Permanent Working Capital (3.45 percent), Services (2.54 percent) and Housing (0.07 percent). The remaining portions went to Commercial Credits at 37.93 percent and Production Credits at 0.03 percent.

There was no availment under the EDYRF for the three months ending  31 March 2018.

RSS Subscribe for updates

Archives