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BSP Rediscount Rates Effective 15 May 2018

05.15.2018

In accordance with the Monetary Board policy decision to increase policy rates during its 10 May 2018 meeting, the BSP rediscount rates for loans under the Peso Rediscount Facility have been set as follows effective 15 May 2018:

Loan Maturity 

Rate (%)

1-90 days

3.8125

91-180 days

3.8750

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.

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