INTEREST RATES (% p.a.)
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
    (Auction Date: September 11, 2017)  
   
  91 - Day 2.088 2.143  
  182 - Day 2.564 2.592  
  364 - Day 2.920 2.935  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
    (Auction Date: September 5, 2017)  
   
   
  7 - Year 4.500  
  10 - Year 4.750  
   
3. Money Market Rates  
    (September 4-8, 2017)  
   
  Promissory Notes 2.9301 2.6753  
  Commercial Papers w/o Recourse 2.7991 3.4729  
   
4. Overnight Lending Facility (OLF) Rates 3  
    (September 4-8, 2017) 3.500 3.500  
   
5. Overnight RRP Rates 3  
    (September 4-8, 2017) 3.0000 3.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
    (September 4-8, 2017) 2.5000 2.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
    (Auction Date: September 13, 2017)  
   
  7 - Day 3.3484 3.3334  
  28 - Day  3.4950 3.4910  
   
8. Interbank Call Loan Rates 5  
    (September 4-8, 2017) 2.5921 2.6036  
   
8. Bank Lending Rates 6  
    (September 4-8, 2017)  
   
  All Maturities (Actual) 3.8698 3.5674  
       
  High (Quoted) 6.4757 6.4933  
  Low (Quoted) 4.0724 4.0825  
   
9. Peso Deposit Rates 7  
  (August 31 - September 6, 2017)  
   
  Savings Deposits 8  
  High 5.000 5.000  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 1.765 1.740  
  1  -  2  years 1.536 1.624  
  Over 2 years 2.844 2.923  
   
   
10. Dollar Deposit Rates  
  (August 31 - September 6, 2017)  
   
  Savings Deposits 0.191 0.205  
  Time Deposits  
  60 days & below 0.674 0.679  
  61 - 90 days   0.790 0.816  
  91 - 180 days   0.825 0.847  
  181 days & above   1.114 1.070  
   
  1 Previous auction date is August 29, 2017.          
  2 Previous auction date is August 22, 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 September 6, 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