DEPOSITORY CORPORATIONS SURVEY p                          
  as of periods indicated                          
  in million pesos                          
                                     
            LEVELS   FLOWS   GROWTH RATES (%)  
          Item Oct-06 Dec-06 Sep-07 Oct-07   Oct07-Dec06 Oct07-Sep07 Oct07-Oct06   Oct07-Dec06 Oct07-Sep07 Oct07-Oct06  
   
  1.  NET FOREIGN ASSETS 1,288,402 1,366,258 1,663,389 1,670,514 304,256 7,125 382,112 22.3 0.4 29.7  
    A.   Bangko Sentral ng Pilipinas 1,045,073 1,077,033 1,355,828 1,392,191 315,158 36,363 347,118 29.3 2.7 33.2  
     Net International Reserves 1,098,595 1,127,726 1,391,534 1,427,016 299,290 35,482 328,421 26.5 2.5 29.9  
    Foreign Assets 1,111,129 1,128,401 1,392,545 1,428,193 299,792 35,648 317,064 26.6 2.6 28.5  
    Foreign Liabilities 12,534 675 1,011 1,177 502 166 -11,357 74.4 16.4 -90.6  
     Medium & Long-Term Foreign Liabilities 53,522 50,693 35,706 34,825 -15,868 -881 -18,697 -31.3 -2.5 -34.9  
    B.  Other Depository Corporations  243,329 289,225 307,561 278,323 -10,902 -29,238 34,994 -3.8 -9.5 14.4  
    Foreign Assets 733,914 792,182 812,370 756,616 -35,566 -55,754 22,701 -4.5 -6.9 3.1  
    Foreign Liabilities 490,586 502,958 504,809 478,293 -24,665 -26,516 -12,293 -4.9 -5.3 -2.5  
   
  2. NET DOMESTIC ASSETS 2,283,293 2,444,787 2,163,112 2,145,261 -299,526 -17,851 -138,032 -12.3 -0.8 -6.0  
    A.  Net Claims on Residents (Net Domestic Credits) 2,890,273 3,006,570 3,047,887 3,063,566 56,997 15,679 173,293 1.9 0.5 6.0  
  Net Claims on the Public Sector (Public  Sector) 986,010 1,039,651 1,073,825 1,067,635 27,984 -6,190 81,624 2.7 -0.6 8.3  
    National Government 729,733 762,127 827,822 816,889 54,762 -10,933 87,157 7.2 -1.3 11.9  
      Credits 971,153 986,426 1,059,767 1,047,575 61,149 -12,192 76,422 6.2 -1.2 7.9  
      CB BOL 221 0 0 0 0 0 -221 - - -100.0  
      Foreign exchange Receivables 4,141 4,083 0 0 -4,083 0 -4,141 -100.0 - -100.0  
      T-IMF accounts -58,491 -58,438 -54,402 -53,758 4,680 644 4,733 8.0 1.2 8.1  
      Deposits -187,291 -169,944 -177,543 -176,928 -6,984 615 10,364 -4.1 0.3 5.5  
    Local Government and Other Public Entities 256,278 277,524 246,002 250,745 -26,779 4,743 -5,532 -9.6 1.9 -2.2  
  Claims on Other Sectors (Private Sector) 1,904,263 1,966,919 1,974,063 1,995,932 29,013 21,869 91,669 1.5 1.1 4.8  
    Other Financial Corporations 140,399 146,968 158,388 212,257 65,289 53,869 71,858 44.4 34.0 51.2  
    Others 1,763,864 1,819,951 1,815,675 1,783,675 -36,276 -32,000 19,811 -2.0 -1.8 1.1  
   
    B.  Net Other Items -606,981 -561,783 -884,776 -918,306 -356,523 -33,530 -311,325 -63.5 -3.8 -51.29  
  Revaluation n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
  Capital and Reserves n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
  Other Assets/Liabilities n.a. n.a. 0 0 #VALUE! #DIV/0! #VALUE!  
   
  3. LIQUIDITY AGGREGATES (TOTAL LIQUIDITY) 3,571,694 3,811,044 3,826,501 3,815,775 4,730 -10,726 244,080 0.1 -0.3 6.8  
  A. M4 3,454,035 3,722,087 3,700,457 3,703,413 -18,675 2,956 249,378 -0.5 0.1 7.2  
  Broad-Money Liabilities (M3) 2,630,757 2,869,568 2,885,975 2,930,489 60,921 44,514 299,732 2.1 1.5 11.4  
  Currency Outside Depository Corporations and Transferable Deposits (Narrow Money) 653,516 768,895 784,038 806,792 37,897 22,754 153,276 4.9 2.9 23.5  
  Other Deposits (Quasi-Money) 1,937,621 2,057,843 2,055,327 2,079,862 22,019 24,535 142,241 1.1 1.2 7.3  
  Securities Other Than Shares Included in Broad Money (Deposit  Substitutes) 39,620 42,830 46,610 43,835 1,005 -2,775 4,215 2.3 -6.0 10.6  
  Transferable & Other Deposits in Foreign Currency (FCDs-Res) 823,278 852,520 814,482 772,924 -79,596 -41,558 -50,354 -9.3 -5.1 -6.1  
  B. Liabilities Excluded from Broad-Money (Other Liabilities) 117,659 88,957 126,044 112,362 23,405 -13,682 -5,297 26.3 -10.9 -4.5  
  Bills  Payable 112,348 83,575 119,734 106,165 22,590 -13,569 -6,183 27.0 -11.3 -5.5  
  Marginal Deposits 1,796 2,212 3,005 2,717 506 -288 922 22.9 -9.6 51.3  
  Restricted Deposits 3,516 3,170 3,305 3,480 310 175 -37 9.8 5.3 -1.0  
    Deposits with Other Depository Corporations Under Liquidation 1,902 1,902 2,029 2,029 127 0 127 6.65 0.00 6.65  
            Import Deposits 1,614 1,268 1,276 1,451   183 175 -163   14.4 13.7 -10.1  
  Narrow Money 653,516 768,895 784,038 806,792 37,897 22,754 153,276 4.9 2.9 23.5  
  Currency Outside Depository Corporations (Currency in Circulation) 244,760 305,313 283,731 298,412 -6,901 14,681 53,652 -2.3 5.2 21.9  
  Transferable Deposits (Demand Deposits) 408,756 463,582 500,307 508,380 44,798 8,073 99,624 9.7 1.6 24.4  
  Other Deposits (Quasi-Money) 1,937,621 2,057,843 2,055,327 2,079,862 22,019 24,535 142,241 1.1 1.2 7.3  
  Savings Deposits 1,451,664 1,500,293 1,408,241 1,429,313 -70,981 21,072 -22,351 -4.7 1.5 -1.5  
  Time Deposits 485,958 557,550 647,086 650,549 92,999 3,463 164,592 16.7 0.5 33.9  
                         
  p   Preliminary                          
  n.a.  Not Available  
  r Revised  
  r Revised  
  Source:  Department of Economic Statistics  
                                     
CHECK: (NFA+NDA)-LIQUIDITY AGGREGATES 0 0 0 0 0 0 0
Note:  Details may not add up to total due to rounding off.