INTEREST RATES (% p.a.)
for the week ending 3 July 2020
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
  (Auction Date: June 29 and 30, 2020)  
   
  35 - Day 1.6840  
  91 - Day 1.7460 2.0680  
  182 - Day 1.8920 2.1590  
  364 - Day 1.9800 2.4080  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
  (Auction Date: June 23, 2020)  
   
  7 - Year 3.500  
  10 - Year 3.6250  
   
   
3. Money Market Rates  
  (June 22 - 26, 2020)  
   
  Promissory Notes 2.8474 3.0822  
  Commercial Papers w/o Recourse 2.2728 2.0200  
   
4. Overnight Lending Facility (OLF) Rates 3  
  (June 29 - July 3, 2020) 2.7500 2.7500  
   
5. Overnight RRP Rates 3  
  (June 29 - July 3, 2020) 2.2500 2.7500  
   
6. Overnight Deposit Facility (ODF) Rates 3  
  (June 29 - July 3, 2020) 1.7500 1.7500  
   
7. Term Deposit Auction Facility (TDF) Rates 4  
  (Auction Date: July 1, 2020)  
   
  7 - Day 1.7573 2.2504  
  14 - Day 1.7522 2.2508  
  28 - Day 1.7562 ..  
   
8. Interbank Call Loan Rates 5  
  (June 22 - 26, 2020) 2.3438 2.3438  
   
9. Bank Lending Rates 6, 7  
  (March 5 - 11, 2020)  
   
  All Maturities (Actual) 6.0880 p 6.6513  
   
   
  High (Quoted) 11.5469 p 10.7542  
  Low (Quoted) 6.2320 p 6.2226  
   
10. Peso Deposit Rates 6, 8  
  (March 5 - 11, 2020)  
   
  Savings Deposits  
  High 4.9340 p 5.7500  
  Low 0.0025 p 0.0025  
   
  Time Deposits  
  up to 1 mo. 1.7036 p 1.8753  
  > 1 mo. to 3 mos. 2.5007 p 2.5782  
  > 3 mos. to 6 mos. 2.3783 p 2.1951  
  > 6 mos. to 1 yr. 1.7974 p 1.6776  
  > 1 - 5 yrs. 3.5226 p 2.9253  
  > 5 yrs. 1.5594 p 1.4004  
   
11. Dollar Deposit Rates 6  
  (March 5 - 11, 2020)  
   
  Savings Deposits 0.2385 p 0.2826  
  Time Deposits  
  up to 1 mo. 0.9714 p 1.1781  
  > 1 mo. to 3 mos. 1.1430 p 1.3882  
  > 3 mos. to 6 mos. 1.3539 p 1.4363  
  > 6 mos. to 1 yr. 1.4250 p 1.5178  
  > 1 - 5 yrs. 2.2047 p 1.3350  
  > 5 yrs. 1.5250 p 1.2083  
   
1 Auction results for 91-, 182- and 364-day T-Bills held last 29 June 2020 and 35-day T-Bills held last 30 June 2020.  
  Previous auction results for 22 June 2020.  
2 Previous auction date is 9 June 2020.  
3 End-of-period rates; based on the MB-approved interest rates, as of 26 June 2020  
4 Previous auction date is 24 June 2020.  
5 Source: BSP-Financial Market Operations Sub-Sector  
6 Starting 1 January 2020, universal and commercial banks are required to submit the amended reporting templates on banks' lending and deposit rates or "Interest Rates on Loans and Deposits (IRLD)" in accordance with Circular Nos. 1029 and 1037, series of 2019. Meanwhile, per BSP Memorandum No. M-2020-049 dated 9 June 2020, amending BSP Memorandum M-2020-011 dated 19 March 2020, banks' submission of IRLD weekly reports that fall due within the months March-June 2020 is suspended until further notice.  
   
   
7 The high and low bank lending rates refer to the averages of the highest and the lowest banks' quoted rates, respectively.
8 The high and low savings deposit rates refer to the highest and the lowest interest rates of bank deposits, including corporate accounts that are subject to terms and conditions.  
   
p Preliminary  
r Revised  
- Not Available  
.. No Transaction/No Quotation/No Issue  
Blank