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 November 2018 and Availments as of October 2018

11.12.2018

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 November 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

4.55850

1.91367

91-180 days

4.62100

1.97617

181-360 days

4.68350

2.03867

 

 

 

 

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 31 October 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 October 2018 amounted to ₱47,176 million, majority of which or 83.72 percent went to Other Credits. Specifically, these are distributed to Capital Asset Expenditures (52.99 percent), Other Services (20.48 percent), Permanent Working Capital (10.24 percent) and Housing (0.01 percent). The remaining portions went to Commercial Credits at 16.25 percent and Production Credits at 0.03 percent.

There was no availment under the EDYRF for ten months ending 31 October 2018.

RSS Subscribe for updates

Archives