INTEREST RATES (% p.a.)
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
    (Auction Date: May 22, 2017)  
   
  91 - Day 2.148 2.205  
  182 - Day 2.494 2.602  
  364 - Day 2.835 2.966  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
    (Auction Date: May 16, 2017)  
   
   
  10 - Year 4.750  
  20 - Year 5.250  
   
3. Money Market Rates  
    (May 15 - 19, 2017)  
   
  Promissory Notes 2.6992 2.6124  
  Commercial Papers w/o Recourse 3.9867 3.6876  
   
4. Overnight Lending Facility (OLF) Rates 3  
    (May 15 - 19, 2017) 3.500 3.500  
   
5. Overnight RRP Rates 3  
    (May 15 - 19, 2017) 3.0000 3.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
    (May 15 - 19, 2017) 2.5000 2.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
    (Auction Date: May 24, 2017)  
   
  7 - Day 3.1918 3.2468  
  28 - Day  3.4760 3.4764  
   
8. Interbank Call Loan Rates 5  
    (May 15 - 19, 2017) 2.6181 2.5842  
   
8. Bank Lending Rates 6  
    (May 15 - 19, 2017)  
   
  All Maturities (Actual) 3.6666 3.7092  
   
  High (Quoted) 6.4857 6.4821  
  Low (Quoted) 4.1579 4.1632  
   
9. Peso Deposit Rates 7  
  (May 11 - 17, 2017)  
   
  Savings Deposits 8  
  High 5.000 5.000  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 1.725 1.736  
  1  -  2  years 1.183 1.430  
  Over 2 years 3.124 3.111  
   
   
10. Dollar Deposit Rates  
  (May 11 - 17, 2017)  
   
  Savings Deposits 0.223 0.222  
  Time Deposits  
  60 days & below 0.656 0.631  
  61 - 90 days   0.714 0.718  
  91 - 180 days   0.807 0.804  
  181 days & above   1.012 1.005  
   
  1 Previous auction date is May 8, 2017.          
  2 Previous auction date is May 2, 2017.  
  3 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 and overnight deposit facilities, respectively. The reverse repurchase (RRP) facility   
  was modified to a purely overnight RRP. In addition, the term deposit facility (TDF) will serve as the main tool for 
  absorbing liquidity. Starting 3 June 2016, the interest rates for these facilities were set 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.  
  4 Previous auction date is May 17, 2017.  
  5 From BSP Treasury
  6 The  high  and  low bank lending rates refer to the averages of the highest and the lowest bank-
  quoted rates, respectively.  
  7 High and low savings deposit rates refer  to the highest and lowest interest rates of bank deposits   
  including corporate accounts that subject to terms and conditions may not bear interest, hence  
  interest rate on savings deposit may be 0%.  
  p Preliminary  
  r Revised  
         -       Not Available  
         ..       No Transaction/No Quotation/No Issue  
         ...       Blank