DAILY NEWS RELEASE  
September 22, 2017  
                   
                   
                   
                   
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A. DOMESTIC INTEREST RATES  
  (21 September 2017)  
   
  1. Overnight Lending Facility (OLF) Rate (% p.a.) 1/ 3.5000 3.5000 3.5000 3.5000 3.5000  
   
  2. Overnight RRP Rate 1/ 3.0000 3.0000 3.0000 3.0000 3.0000  
   
  3. Overnight Deposit Facility (ODF) Rate (% p.a.) 1/ 2.5000 2.5000 2.5000 2.5000 2.5000  
   
  4. Interbank Call Loan Rate (% p.a.)  
  Weighted Average 2.5000 2.5938 2.5000 2.5000 2.5313  
  High 2.5000 2.5938 2.5000 2.5000 2.5625  
  Low 2.5000 2.5313 2.5000 2.5000 2.5000  
   
B. FOREIGN INTEREST RATES (% p.a.)   
  (21 September 2017)  
   
  1. LIBOR - 90-day 1.3283 1.3231 1.3211 1.3172 0.8633  
              - 180-day 1.4910 1.4800 1.4586 1.4561 1.2588  
  2. SIBOR - 90-day 2/ 1.1223 1.1223 1.1223 1.1215 0.8727  
              - 180-day 2/ 1.2500 1.2500 1.2500 1.2480 1.1472  
   
C. COMMODITY PRICES (Peso Equivalent)  
  (07 November 2003)  
  1. Sugar, Spot (per lb) (21 September 2017) 7.3994 7.3797 7.3740 7.3390 9.8818  
  2. Copper, Sett (per mt) (21 September 2017) 397578 396794 397578 401495 372901  
  3. Gold, Closing (per troy oz) 65713 65802 67834 65507 63563  
  4. Coconut Oil, Futures (per lb) 3/ (21 September 2017) 34.6448 34.8063 36.3713 36.3228 33.1962  
   
D.  EXCHANGE RATE   
  1. Peso-Dollar Rate 51.086 50.887 51.143 51.377 47.803  
  2. PDS Foreign Exchange Transactions 563.800 655.000 633.550 569.200 701.500  
  (in million US Dollars) (21 September 2017)  
                   
                   
                   
1/  Beginning 3 June 2016, the BSP shifted its monetary operations to an interest rate corridor (IRC) system. The repurchase (RP) and Special Deposit Account (SDA) 
 windows were replaced by standing overnight lending facility (OLF) and overnight deposit facility (ODF), respectively. The reverse repurchase (RRP) facility was 
 modified to a purely overnight RRP. Starting 3 June 2016, the interest rates for these facilities were set by the Monetary Board as follows: 3.5 percent in the OLF  
 (a reduction from 6.0 percent); 3.0 percent in the overnight RRP rate (an adjustment from 4.0 percent); and 2.5 percent in the ODF (no change from the previous  
 SDA rate). The OLF and ODF will serve as the upper bound and lower bound, respectively, of the IRC system.  
2/  Effective 31 December 2013, SIBOR rates (in US$) sourced from Reuters has been discontinued. Starting 1 January 2014, SIBOR data for the selected reference  
 periods in this report will show SIBOR rates (in Singapore $) sourced from Bloomberg.  
3/  Data starting 1 July 2012 refers to European market prices.  
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      . .     No Transaction/No Quotation/No Issue  
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