INTEREST RATES (% p.a.)
 
                 
  Latest Previous  
        Week     Week  
                 
1. Treasury Bill Rates (Auction Date) 1  
    (Auction Date: July 17, 2017)  
   
  91 - Day 2.189 2.126  
  182 - Day .. 2.496  
  364 - Day 2.995 2.926  
   
2. Coupon Rates on Fixed-Rate Treasury Bonds 2  
    (Auction Date: July 11, 2017)  
   
   
  5 - Year 4.000  
  20 - Year 5.250  
   
3. Money Market Rates  
    (July 10 - 14, 2017)  
   
  Promissory Notes 1.8600 2.9399  
  Commercial Papers w/o Recourse 2.8942 3.6558  
   
4. Overnight Lending Facility (OLF) Rates 3  
    (July 10 - 14, 2017) 3.500 3.500  
   
5. Overnight RRP Rates 3  
    (July 10 - 14, 2017) 3.0000 3.0000  
   
6. Overnight Deposit Facility (ODF) Rates 3  
    (July 10 - 14, 2017) 2.5000 2.5000  
   
7. Term Deposit Auction Facility (TDF) Rates 3, 4  
    (Auction Date: July 19, 2017)  
   
  7 - Day 3.2597 3.2189  
  28 - Day  3.4948 3.4892  
   
8. Interbank Call Loan Rates 5  
    (July 10 - 14, 2017) 3.2597 3.4948  
   
8. Bank Lending Rates 6  
    (July 10 - 14, 2017)  
   
  All Maturities (Actual) 3.5923 3.5396  
   
  High (Quoted) 6.4009 6.4353  
  Low (Quoted) 4.0637 4.1011  
   
9. Peso Deposit Rates 7  
  (July 6 - 12, 2017)  
   
  Savings Deposits 8  
  High 5.000 5.000  
  Low 0.000 0.000  
   
  Time Deposits  
  below 1 year 1.843 1.833  
  1  -  2  years 1.241 1.457  
  Over 2 years 3.094 3.213  
   
   
10. Dollar Deposit Rates  
  (July 6 - 12, 2017)  
   
  Savings Deposits 0.214 0.216  
  Time Deposits  
  60 days & below 0.642 0.652  
  61 - 90 days   0.740 0.759  
  91 - 180 days   0.858 0.816  
  181 days & above   1.007 1.037  
   
  1 Previous auction date is July 3, 2017.          
  2 Previous auction date is June 27, 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 July 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