INTEREST RATES (% p.a.)
for the week ending 24 January 2020
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
  (Auction Date: January 20, 2020)  
   
  91 - Day 3.328 3.328  
  182 - Day 3.587 3.587  
  364 - Day 3.896 3.896  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
  (Auction Date: January 21, 2020)  
   
   
  3 - Year 4.750  
  7- Year 6.250  
   
3. Money Market Rates  
  (January 13 - 17, 2020)  
   
  Promissory Notes 3.5237 4.1548  
  Commercial Papers w/o Recourse 3.3351 3.4556  
   
4. Overnight Lending Facility (OLF) Rates 3  
  (January 20 - 24, 2020) 4.5000 4.5000  
   
5. Overnight RRP Rates 3  
  (January 20 - 24, 2020) 4.0000 4.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
  (January 20 - 24, 2020) 3.5000 3.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
  (Auction Date: January 22, 2020)  
   
  7 - Day 4.0301 4.0851  
  14 - Day 4.0530 4.1065  
  28 - Day 4.0917 4.1502  
   
8. Interbank Call Loan Rates 5  
  (January 13 - 17, 2020) 3.8534 3.9037  
   
9. Bank Lending Rates 6, 7  
  (December 26, 2019- January 1, 2020)  
   
  All Maturities (Actual) 5.2044 5.6698  
   
  (December 23 - 27, 2019)  
  High (Quoted) 7.3673 7.3673  
  Low (Quoted) 5.0651 7.3673  
   
10. Peso Deposit Rates 6, 8  
  (December 26, 2019 - January 1, 2020)  
   
  Savings Deposits  
  High 5.500 5.500  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 3.085 3.195  
  1 - 2 years 3.203 2.842  
  Over 2 years 2.869 2.912  
   
   
11. Dollar Deposit Rates 6  
  (December 26, 2019-January 1, 2020)  
   
  Savings Deposits 0.226 0.223  
  Time Deposits  
  60 days & below 0.978 1.012  
  61 - 90 days 1.138 1.136  
  91 - 180 days 1.248 1.175  
  181 days & above 1.266 1.272  
   
  1 Previous auction date is 14 January 2020.          
  2 Previous auction date is 7 January 2020.  
  3 End-of-period rates; Based on the MB-approved interest rates, as of 12 December 2019.  
  4 Previous auction date is 15 January 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' loans and deposits interest rates or "Interest Rates on Loans and Deposits (IRLD)" in accordance with  
  Circular 1029 and 1037 series of 2019. Initial data on banks' interest rates using the IRLD templates will be reported
  for the week ending 31 January 2020.  
  7 The high and low bank lending rates refer to the averages of the highest and the lowest bank-  
  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, which may not bear interest.  
  Hence, interest rates on savings deposits may be 0%.  
  p Preliminary  
  r Revised
  - Not Available
  .. No Transaction/No Quotation/No Issue  
  Blank