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)  
                  m-o-m   y-o-y  
  Apr-19 May-19 Apr-20 r May-20 P May 20 -    Apr 20 Apr 20 -     Apr 19 May 20 -     May 19   May-20   Apr-20 May-20  
           
1. NET FOREIGN ASSETS          4,708,578         4,806,965         5,266,649            5,388,497          121,849       558,070       581,533             2.3           11.9          12.1  
        A. Bangko Sentral ng Pilipinas          4,296,137         4,383,966         4,592,780            4,724,749  a           131,969       296,643       340,783             2.9             6.9             7.8  
     Claims on Non-residents          4,379,780         4,467,526         4,672,642            4,805,041          132,399       292,862       337,515             2.8             6.7             7.6  
     Less: Liabilities to Non-residents                83,643              83,560              79,862                 80,292                  430          (3,781)          (3,268)             0.5            (4.5)           (3.9)  
        B. Other Depository Corporation             412,441            422,999            673,869               663,748           (10,120)       261,427       240,750           (1.5)           63.4          56.9  
     Claims on Non-residents          1,542,183         1,532,230         1,660,709            1,607,258           (53,451)       118,526          75,028           (3.2)             7.7             4.9  
    Less: Liabilities to Non-residents          1,129,742         1,109,231            986,840               943,510           (43,331)      (142,902)      (165,722)           (4.4)          (12.6)         (14.9)  
   
2. DOMESTIC CLAIMS        11,845,612      11,834,304      13,622,631          13,755,303          132,672    1,777,020    1,920,999             1.0           15.0          16.2  
        A. Net Claims on Central Government           1,721,351         1,694,134         2,504,440            2,703,878          199,438       783,089    1,009,744             8.0           45.5          59.6  
  Claims on Central Government          2,963,148         3,029,956         3,628,225            3,830,117          201,891       665,077       800,161             5.6           22.4          26.4  
  Less: Liabilities to central government          1,241,797         1,335,822         1,123,786            1,126,239               2,453      (118,012)      (209,583)             0.2            (9.5)         (15.7)  
        B. Claims on Other Sectors         10,124,260      10,140,169      11,118,191          11,051,425           (66,767)       993,931       911,255           (0.6)             9.8             9.0  
  Claims on other financial corporations          1,114,417         1,113,562         1,186,208            1,174,399           (11,809)         71,791          60,836           (1.0)             6.4             5.5  
  Claims on state and local government                92,747              93,923              98,011                 97,681                 (331)            5,264            3,757           (0.3)             5.7             4.0  
  Claims on public nonfinancial corporations             266,616            238,247            251,229               242,905             (8,324)        (15,387)            4,658           (3.3)            (5.8)             2.0  
  Claims on private sector          8,650,480         8,694,437         9,582,744            9,536,440           (46,303)       932,264       842,003           (0.5)           10.8             9.7  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)        13,669,461      13,723,386      15,636,426          15,749,768          113,342    1,966,965    2,026,382             0.7           14.4          14.8  
    M3 (M2 + 3.d) **        11,666,995      11,741,648      13,554,944          13,686,564          131,620    1,887,949    1,944,916             1.0           16.2          16.6  
      M2 (M1 + 3.c)        11,051,400      11,120,965      12,776,198          12,910,077          133,879    1,724,798    1,789,112             1.0           15.6          16.1  
        M1 (3.a + 3.b)          3,948,639         3,940,952         4,991,469            5,061,069             69,600    1,042,830    1,120,118             1.4           26.4          28.4  
   
        3.a  Currency outside depository corporations           1,216,979         1,220,865         1,583,997            1,603,612             19,615       367,019       382,747             1.2           30.2          31.4  
        3.b  Transferable deposits included in broad money          2,731,660         2,720,087         3,407,471            3,457,457             49,986       675,812       737,370             1.5           24.7          27.1  
        3.c  Other deposits included in broad money          7,102,761         7,180,013         7,784,729            7,849,008             64,278       681,968       668,995             0.8             9.6             9.3  
  Savings deposits          4,561,910         4,583,355         5,103,950            5,199,306             95,357       542,040       615,952             1.9           11.9          13.4  
  Time deposits          2,540,851         2,596,659         2,680,780            2,649,702           (31,078)       139,928          53,043           (1.2)             5.5             2.0  
        3.d  Securities other than shares included in broad money             615,595            620,683            778,745               776,486             (2,259)       163,151       155,804           (0.3)           26.5          25.1  
        3.e  Transferable and other deposits in foreign currency          2,002,467         1,981,739         2,081,483            2,063,205           (18,278)         79,016          81,466           (0.9)             3.9             4.1  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY          2,884,729         2,917,882         3,252,853            3,394,032          141,178       368,125       476,150             4.3           12.8          16.3  
                                     
* Based on the Standardized Report Forms (SRFs), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF). 2-Jul-20
p Preliminary  
r Revised  
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)  
- Growth rate rounds off to zero