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 February 2019 and Availments as of January 2019

02.11.2019

The applicable rates for the Peso Rediscount Facility and the Exporters Dollar and Yen Rediscount Facility (EDYRF) for the month of February 2019 until the next policy rates revision are as follows:

a. Peso Rediscount Facility Rates

Loan Maturity

Rate (%)

1-90 days

5.3125

91-180 days

5.3750

b. EDYRF Rates

Loan
Maturity

Rate (%)

Dollar

Yen

1-90 days

4.73750

1.91133

91-180 days

4.80000

1.97383

181-360 days

4.86250

2.03633

 

 

 

 

 

The Peso rediscount rates are based on the latest available BSP overnight lending rate plus term premia. On the other hand, EDYRF rates are based on the 90-day London Inter-Bank Offered Rate as of 31 January 2019 plus 200 basis points plus term premia.

Under the Peso Rediscount Facility, total availments covering the period of 01 to 31 January 2019 amounted to ₱14,462 million, majority of which or 56.93 percent are classified as Commercial Credits. Specifically, these were distributed to Import Loans (51.60 percent) and Trading Loans (5.33 percent). The remaining portions are classified as Other Credits at 43.07 percent particularly to Capital Asset Expenditures (41.96 percent) and Other Services (1.11 percent).

There was no availment under the EDYRF for the period ending 31 January 2019.

RSS Subscribe for updates

Archives