DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
                                     
          Levels, as of end-periods indicated   Flows, for periods indicated   Growth rates  
  (in million pesos) (in million pesos) (in percent)  
  May-18 Jun-18 May-19   Jun-19 P Jun-19  -      May-19 May-19  -      May-18 Jun-19 -     Jun-18 m-o-m y-o-y  
              Jun-19   May-19 Jun-19  
                                     
1. NET FOREIGN ASSETS             4,604,137            4,539,316            4,806,965               4,781,817             (25,148)            202,828          242,500         (0.5)           4.4           5.3  
        A. Bangko Sentral ng Pilipinas             4,086,464            4,064,205            4,383,966               4,323,002  a              (60,964)            297,502          258,797         (1.4)           7.3           6.4  
     Claims on Non-residents             4,172,169            4,149,612            4,467,526               4,404,297             (63,229)            295,357          254,685         (1.4)           7.1           6.1  
     Less: Liabilities to Non-residents                  85,705                 85,407                 83,560                    81,295               (2,265)               (2,145)            (4,112)         (2.7)         (2.5)         (4.8)  
        B. Other Depository Corporation                517,673               475,111               422,999                  458,815               35,816             (94,674)          (16,297)           8.5       (18.3)         (3.4)  
     Claims on Non-residents             1,405,033            1,374,304            1,532,230               1,583,484               51,254            127,197          209,180           3.3           9.1         15.2  
    Less: Liabilities to Non-residents                887,360               899,193            1,109,231               1,124,669               15,438            221,871          225,477           1.4         25.0         25.1  
   
2. DOMESTIC CLAIMS           11,077,473          11,204,026          11,834,304             11,895,755               61,451            756,831          691,729           0.5           6.8           6.2  
        A. Net Claims on Central Government              1,810,669            1,816,195            1,694,134               1,745,013               50,879           (116,535)          (71,182)           3.0         (6.4)         (3.9)  
  Claims on Central Government             2,479,886            2,555,098            3,029,956               3,033,241                 3,286            550,070          478,143           0.1         22.2         18.7  
  Less: Liabilities to central government                669,217               738,903            1,335,822               1,288,228             (47,594)            666,605          549,325         (3.6)         99.6         74.3  
        B. Claims on Other Sectors              9,266,804            9,387,831          10,140,169             10,150,741               10,572            873,365          762,910           0.1           9.4           8.1  
  Claims on other financial corporations                952,706               957,089            1,113,562               1,124,685               11,123            160,856          167,596           1.0         16.9         17.5  
  Claims on state and local government                  81,394                 81,647                 93,923                    95,233                 1,310              12,530            13,586           1.4         15.4         16.6  
  Claims on public nonfinancial corporations                276,792               272,431               238,247                  242,972                 4,725             (38,546)          (29,459)           2.0       (13.9)       (10.8)  
  Claims on private sector             7,955,912            8,076,664            8,694,437               8,687,851               (6,586)            738,525          611,187         (0.1)           9.3           7.6  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)           12,936,132          12,961,596          13,723,386             13,761,269               37,883            787,255          799,673           0.3           6.1           6.2  
    M3 (M2 + 3.d) **           11,039,096          11,067,458          11,741,648             11,776,034               34,387            702,552          708,576           0.3           6.4           6.4  
      M2 (M1 + 3.c)           10,579,625          10,616,500          11,120,965             11,152,970               32,005            541,340          536,470           0.3           5.1           5.1  
        M1 (3.a + 3.b)             3,752,861            3,735,076            3,940,952               3,940,453                  (499)            188,090          205,377         (0.0)           5.0           5.5  
   
        3.a  Currency outside depository corporations              1,059,495            1,050,494            1,220,865               1,182,022             (38,843)            161,369          131,528         (3.2)         15.2         12.5  
        3.b  Transferable deposits included in broad money             2,693,366            2,684,582            2,720,087               2,758,431               38,344              26,721            73,849           1.4           1.0           2.8  
        3.c  Other deposits included in broad money             6,826,764            6,881,424            7,180,013               7,212,517               32,504            353,250          331,094           0.5           5.2           4.8  
  Savings deposits             4,551,981            4,580,356            4,583,355               4,549,060             (34,295)              31,374          (31,296)         (0.7)           0.7         (0.7)  
  Time deposits             2,274,783            2,301,068            2,596,659               2,663,458               66,799            321,876          362,390           2.6         14.1         15.7  
        3.d  Securities other than shares included in broad money                459,471               450,959               620,683                  623,064                 2,382            161,212          172,106           0.4         35.1         38.2  
        3.e  Transferable and other deposits in foreign currency             1,897,036            1,894,138            1,981,739               1,985,235                 3,496              84,703            91,097           0.2           4.5           4.8  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY             2,745,478            2,781,746            2,917,882               2,916,302               (1,580)            172,404          134,556         (0.1)           6.3           4.8  
                                     
* Based on the Standardized Report Forms (SRFs), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF).            
p Preliminary  
a Based on revised Central Bank Survey  
** M3 may also be derived as Net Foreign Assets + Domestic Claims, net of Liabilities excluded from broad money and transferable and other deposits in foreign currency(FCDs-Residents)