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 October 2018 and Availments as of September 2018

10.10.2018

The applicable rates in the Peso Rediscount Facility effective 01 October 2018 up to the next policy rates revision, and Exporters Dollar and Yen Rediscount Facility (EDYRF) for the month of October 2018 are as follows:

a. Peso Rediscount Facility Rates

Loan Maturity

Rate (%)

1-90 days

5.0625

91-180 days

5.1250

b. EDYRF Rates

Loan
Maturity

Rate (%)

Dollar

Yen

1-90 days

4.39838

1.94517

91-180 days

4.46088

2.00767

181-360 days

4.52338

2.07017

 

 

 

 

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. On the other hand, EDYRF rates are based on the respective 90-day London Inter-Bank Offered Rate as of 28 September 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 30 September 2018 amounted to ₱30,623 million, majority of which or 74.93 percent went to Other Credits. Specifically, these are distributed to Other Services (30.93 percent), Capital Asset Expenditures (28.20 percent), Permanent Working Capital (15.78 percent) and Housing (0.02 percent). The remaining portions went to Commercial Credits at 25.04 percent and Production Credits at 0.03 percent.

There was no availment under the EDYRF for nine months ending 30 September 2018.

RSS Subscribe for updates

Archives