INTEREST RATES (% p.a.)
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
    (Auction Date: April 10, 2017)  
   
  91 - Day 2.394 2.374  
  182 - Day 2.608 2.606  
  364 - Day 2.945 2.799  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
    (Auction Date: March 28, 2017)  
   
   
  3 - Year 4.250  
  5 - Year 4.000  
   
3. Money Market Rates  
    (April 10 - 14, 2017)  
   
  Promissory Notes 2.1063 2.6965  
  Commercial Papers w/o Recourse 3.3866 4.3465  
   
4. Overnight Lending Facility (OLF) Rates 3  
    (April 10 - 14, 2017) 3.500 3.500  
   
5. Overnight RRP Rates 3  
    (April 10 - 14, 2017) 3.0000 3.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
    (April 10 - 14, 2017) 2.5000 2.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
    (Auction Date: April 19, 2017)  
   
  7 - Day 3.3615 3.2109  
  28 - Day  3.4565 3.4499  
   
8. Interbank Call Loan Rates 5  
    (April 10 - 14, 2017) 2.5674 2.5313  
   
8. Bank Lending Rates 6  
    (April 10 - 14, 2017)  
   
  All Maturities (Actual) 3.6056 3.6346  
   
  High (Quoted) 6.4933 6.5639  
  Low (Quoted) 4.2266 4.2260  
   
9. Peso Deposit Rates 7  
  (April 6 - 12, 2017)  
   
  Savings Deposits 8  
  High 5.000 5.000  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 1.629 1.663  
  1  -  2  years 1.230 1.310  
  Over 2 years 3.112 3.041  
   
   
10. Dollar Deposit Rates  
  (April 6 - 12, 2017)  
   
  Savings Deposits 0.220 0.220  
  Time Deposits  
  60 days & below 0.624 0.641  
  61 - 90 days   0.744 0.713  
  91 - 180 days   0.844 0.822  
  181 days & above   1.033 1.010  
   
  1 Previous auction date is March 13, 2017.          
  2 Previous auction date is March 21, 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 April 12, 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