DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
as of period indicated                                
                                   
          LEVELS (million pesos) FLOWS (million pesos) GROWTH RATES (%)  
  Jan-16 Feb-16 Jan-17 r Feb-17 p Feb 17  -      Jan 17 Jan 17  -      Jan 16 Feb 17 -       Feb 16   Feb 17  -      Jan 17 Jan 17  -      Jan 16 Feb 17 -       Feb 16  
           
1. NET FOREIGN ASSETS           4,068,607         4,159,453         4,422,765             4,458,098             35,334          354,158          298,645              0.8              8.7             7.2  
        A. Monetary Authorities           3,809,006         3,856,282         3,979,018             4,022,430             43,412          170,012          166,148              1.1              4.5             4.3  
     Claims on non-residents           3,884,635         3,931,596         4,057,051             4,101,111             44,060          172,416          169,515              1.1              4.4             4.3  
     less: Liabilities to non-residents                75,629               75,314               78,033                  78,681                   648               2,404              3,367              0.8              3.2             4.5  
        B. Other Depository Corporation              259,601             303,171             443,747                435,668              (8,078)          184,146          132,497            (1.8)            70.9           43.7  
     Claims on non-residents           1,015,320         1,071,201         1,262,326             1,192,128            (70,197)          247,006          120,927            (5.6)            24.3           11.3  
     less: Liabilities to non-residents              755,719             768,030             818,579                756,460            (62,119)             62,860          (11,570)            (7.6)              8.3            (1.5)  
   
2. DOMESTIC CLAIMS           7,880,344         7,976,187         9,130,451             9,235,778           105,328       1,250,107      1,259,591              1.2            15.9           15.8  
        A. Net Claims on Central Government            1,324,977         1,380,166         1,579,322             1,619,051             39,729          254,345          238,885              2.5            19.2           17.3  
  Claims on central government           1,982,631         2,034,576         2,104,683             2,205,405           100,722          122,052          170,829              4.8              6.2             8.4  
  less: Liabilities to central government              657,654             654,410             525,361                586,354             60,993         (132,292)          (68,056)           11.6          (20.1)         (10.4)  
        B. Claims on Other Sectors            6,555,367         6,596,022         7,551,129             7,616,727             65,598          995,762      1,020,706              0.9            15.2           15.5  
  Claims on other financial corporations              658,135             658,581             777,501                798,882             21,381          119,366          140,302              2.7            18.1           21.3  
  Claims on state and local government                77,337               76,544               82,095                  84,219                2,124               4,758              7,676              2.6              6.2           10.0  
  Claims on public nonfinancial corporations              281,790             285,282             258,914                258,947                     33           (22,876)          (26,335)              0.0            (8.1)            (9.2)  
  Claims on private sector           5,538,105         5,575,615         6,432,619             6,474,679             42,060          894,514          899,064              0.7            16.2           16.1  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)           9,860,664         9,912,287       11,072,155          11,163,071             90,916       1,211,490      1,250,784              0.8            12.3           12.6  
    M3 (M2 + 3.d) **           8,340,423         8,381,153         9,363,931             9,433,041             69,110       1,023,508      1,051,888              0.7            12.3           12.6  
      M2 (M1 + 3.c)           8,021,643         8,066,559         9,002,704             9,076,707             74,003          981,061      1,010,149              0.8            12.2           12.5  
        M1 (3.a + 3.b)           2,634,956         2,652,954         3,032,916             3,053,016             20,101          397,960          400,063              0.7            15.1           15.1  
   
        3.a  Currency outside depository corporations (Currency in circulation)              736,836             731,393             846,058                847,613                1,556          109,222          116,220              0.2            14.8           15.9  
        3.b  Transferable deposits included in broad money (Demand deposits)           1,898,120         1,921,561         2,186,858             2,205,403             18,545          288,738          283,842              0.8            15.2           14.8  
        3.c  Other deposits included in broad money           5,386,687         5,413,605         5,969,788             6,023,691             53,903          583,101          610,086              0.9            10.8           11.3  
  Savings deposits           3,613,664         3,661,937         4,050,846             4,091,514             40,667          437,182          429,577              1.0            12.1           11.7  
  Time deposits           1,773,023         1,751,668         1,918,942             1,932,177             13,235          145,919          180,510              0.7              8.2           10.3  
        3.d  Securities other than shares included in broad money (Deposit substitutes)              318,780             314,595             361,227                356,334              (4,893)             42,447            41,739            (1.4)            13.3           13.3  
        3.e  Transferable and other deposits in foreign currency (FCDs-Residents)           1,520,241         1,531,134         1,708,223             1,730,030             21,806          187,982          198,896              1.3            12.4           13.0  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY           2,088,286         2,223,354         2,481,061             2,530,806             49,745          392,775          307,452              2.0            18.8           13.8  
                                   
* Based on the Standardized Report Forms (SRFs), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF).
p Preliminary
r Revised
**/Derived as Net Foreign Assets + Domestic Claims, net of Liabilities excluded from broad money and transferable and other deposits in foreign currency(FCDs-Residents)