INTEREST RATES (% p.a.)
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
    (Auction Date: November 16, 2017)  
   
  91 - Day 2.148 1.957  
  182 - Day 2.563 2.457  
  364 - Day 2.952 2.853  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
    (Auction Date: November 20, 2017)  
   
   
  5 - Year 4.625  
  10 - Year 4.750  
   
3. Money Market Rates  
    (January 1 - 5, 2018)  
   
  Promissory Notes 3.0885 3.3463  
  Commercial Papers w/o Recourse 3.1707 3.4098  
   
4. Overnight Lending Facility (OLF) Rates 3  
    (January 1 - 5, 2018) 3.500 3.500  
   
5. Overnight RRP Rates 3  
    (January 1 - 5, 2018) 3.0000 3.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
    (January 1 - 5, 2018) 2.5000 2.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
    (Auction Date: January 10, 2018)  
   
  7 - Day 3.2223 3.3654  
  28 - Day 3.4954 ^ 3.4940  
   
8. Interbank Call Loan Rates 5  
    (January 1 - 5, 2018) 3.1792 3.2235  
   
8. Bank Lending Rates 6  
    (January 1 - 5, 2018)  
   
  All Maturities (Actual) 3.7838 3.6771  
       
  High (Quoted) 6.5943 6.5690  
  Low (Quoted) 4.1311 4.1573  
   
9. Peso Deposit Rates 7  
  (December 28, 2017 - January 3, 2018)  
   
  Savings Deposits 8  
  High 5.000 5.000  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 2.302 2.589  
  1  -  2  years 1.848 1.950  
  Over 2 years 2.705 2.829  
   
   
10. Dollar Deposit Rates  
  (December 28, 2017 - January 3, 2018)  
   
  Savings Deposits 0.199 0.209  
  Time Deposits  
  60 days & below 0.693 0.734  
  61 - 90 days   0.808 0.814  
  91 - 180 days   0.886 0.908  
  181 days & above   1.076 1.084  
   
  1 Previous auction date is October 23, 2017.          
  2 Previous auction date is November 7, 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 January 3, 2018. For 28-day TDF, latest auction date is December 13, 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  
  ^ Based on 13 December 2017 auction result