INTERNATIONAL RESERVES OF THE BANGKO SENTRAL NG PILIPINAS   
  end of period                                        
  in million US dollars                                    
                                      Short-Term  
  (HIDE External Debt Cover  
  Reserve BEFORE (in percent)  
  Position in PRINTING) Foreign Foreign Import Original   Residual  
  GIR the Fund Total Gold SDRs Investments Exchange Cover 1 Maturity Maturity  2  
  (1)= (2)   (3) (4) (5) (6) (7) (8) (9)  
        (2 to 6)                                    
     
  2000 Dec 15,062.82 113.44 14,949.38 1,972.65 1.93 12,388.35 586.46 3.48 274.12 163.92  
  2001 Dec 15,692.24 109.37 15,582.87 2,216.17 13.99 12,805.30 547.41 4.04 261.54 143.64  
  2002 Dec 16,364.76 118.22 16,246.53 3,035.85 10.21 12,732.29 468.19 3.99 294.38 143.66  
  2003 Dec 17,063.06 129.81 16,933.25 3,408.19 1.77 12,945.41 577.88 4.08 276.15 140.66  
     
  2004 Jan 16,281.35 129.40 16,151.95 3,236.07 9.17 12,326.43 580.28 3.87 263.49 132.05  
  Feb 15,931.47 129.30 15,802.17 3,100.40 2.19 12,268.69 430.89 3.77 256.79 136.22  
  Mar 16,534.15 129.33 16,404.82 3,317.01 2.19 12,568.27 517.35 3.89 220.75 127.57  
  Apr 16,604.10 126.83 16,477.27 3,050.15 7.23 13,201.13 218.76 3.88 229.34 134.33  
  May 16,745.23 128.31 16,616.92 3,137.45 1.34 13,287.48 190.65 3.92 234.53 136.07  
  Jun 16,378.05 128.09 16,249.97 3,170.77 1.34 12,833.60 244.26 3.79 246.88 140.18  
  Jul 16,152.30 127.45 16,024.85 3,216.25 7.89 12,538.05 262.66 3.71 243.48 137.64  
  Aug 16,200.50 127.71 16,072.79 3,312.78 0.99 12,398.40 360.62 3.70 244.20 136.86  
  Sep 16,140.04 128.44 16,011.60 3,400.98 0.99 12,336.80 272.83 3.64 282.22 148.72  
  Oct 16,117.90 130.97 15,986.93 3,263.78 7.76 12,374.96 340.43 3.59 292.04 149.12  
  Nov 16,071.41 134.29 15,937.12 3,239.53 0.99 12,399.77 296.83 3.56 291.20 149.64  
  Dec 16,227.91 135.33 16,092.58 3,112.07 1.00 12,742.09 237.42 3.60 321.60 156.94  
     
  2005 Jan 15,745.60 132.94 15,612.66 2,866.31 8.58 12,288.56 449.21 3.48 312.04 154.72  
  Feb 16,530.40 133.94 16,396.46 2,882.82 2.30 13,023.90 487.44 3.66 348.30 166.47  
  Mar 16,525.61 132.10 16,393.51 2,699.35 2.27 13,325.75 366.14 3.67 299.87 157.55  
  Apr 16,718.76 132.12 16,586.64 2,643.73 6.04 13,581.05 355.82 3.68 303.37 153.28  
  May 17,281.03 128.96 17,152.07 2,495.72 0.31 14,304.62 351.42 3.79 313.57 156.63  
  Jun 17,723.13 127.35 17,595.78 2,582.32 0.30 14,604.07 409.09 3.85 290.59 150.98  
  Jul 17,668.79 127.02 17,541.77 2,592.35 6.11 14,387.96 555.35 3.83 289.70 150.35  
  Aug 17,943.65 127.72 17,815.93 2,533.55 0.56 14,860.59 421.23 3.84 299.06 158.36  
  Sep 18,542.31 126.81 18,415.50 2,568.75 0.56 15,386.53 459.66 3.92 296.77 162.54  
  Oct 18,097.87 126.25 17,971.62 2,462.16 4.88 15,031.76 472.82 3.82 289.66 154.88  
  Nov 18,058.62 124.59 17,934.03 2,554.83 0.11 14,958.89 420.20 3.79 289.03 153.77  
  Dec 18,494.35 125.04 18,369.31 2,568.38 0.84 15,397.53 402.56 3.82 289.20 150.04  
     
  2006 Jan 20,401.77 126.45 20,275.32 2,658.62 5.19 17,117.26 494.25 4.19 325.39 167.87  
  Feb 20,481.81 125.54 20,356.27 2,612.17 0.36 17,242.78 500.96 4.18 326.66 168.76  
  Mar 20,645.34 126.05 20,519.29 2,797.31 0.36 17,208.85 512.77 4.16 335.81 170.50  
  Apr 20,852.48 129.19 20,723.29 3,042.94 5.53 17,203.83 470.99 4.19 339.18 172.51  
  May 20,949.91 130.72 20,819.19 2,849.39 0.89 17,503.48 465.43 4.17 340.76 177.06  
  Jun 21,123.47 129.42 20,994.05 2,903.60 0.88 17,647.94 441.63 4.18 364.32 187.12  
  Jul 21,274.11 129.90 21,144.21 2,940.65 5.33 17,910.27 287.96 4.21 373.36 193.37  
  Aug 21,540.69 130.31 21,410.38 2,868.37 0.55 18,214.70 326.76 4.26 388.26 198.35  
  Sep p 21,556.06 129.25 21,426.81 2,746.44 0.55 18,224.32 455.50 4.27 388.54 192.16  
                                             
  1 Number of months of average imports of goods and payment of services and income that can be financed by reserves.   
  Starting 2005, figures were revised as of 5 October 2006 based on the Balance of Payments (BOP) Development report for the  
  Second Quarter 2006.  
  2 Refers to adequacy  of reserves to cover outstanding short-term debt based on original maturity  plus principal payments on  
  medium and  long-term loans of the public and private sectors falling due in the next 12 months.  Starting June 2006, figures  
  were revised as of  5 October 2006 based on external debt report as of 30 June 2006.  
  p Preliminary  
   
  Source:  Bangko Sentral ng Pilipinas