DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
as of period indicated                                
                                   
          LEVELS (million pesos) FLOWS (million pesos) GROWTH RATES (%)  
  Apr-16 May-16 Apr-17 r May-17 p May 17  -      Apr 17 Apr 17  -      Apr 16 May 17 -       May 16   May 17  -      Apr 17 Apr 17  -      Apr 16 May 17 -       May 16  
           
1. NET FOREIGN ASSETS          4,200,322         4,177,123         4,351,983            4,368,351             16,369          151,661         191,228             0.4              3.6             4.6  
        A. Bangko Sentral ng Pilipinas          3,887,068         3,835,555         4,022,248            4,018,282  a              (3,966)          135,180         182,727           (0.1)              3.5             4.8  
     Claims on non-residents          3,963,041         3,910,965         4,101,504            4,098,084             (3,420)          138,463         187,119           (0.1)              3.5             4.8  
     less: Liabilities to non-residents                75,973               75,410               79,256                  79,802                   546               3,283              4,392             0.7              4.3             5.8  
        B. Other Depository Corporation              313,254            341,568            329,735                350,069             20,335            16,481              8,501             6.2              5.3             2.5  
     Claims on non-residents          1,049,455         1,041,614         1,206,620            1,184,018           (22,602)          157,166         142,404           (1.9)           15.0           13.7  
     less: Liabilities to non-residents              736,201            700,046            876,886                833,949           (42,936)          140,685         133,903           (4.9)           19.1           19.1  
   
2. DOMESTIC CLAIMS          8,169,873         8,255,097         9,295,332            9,433,700           138,368      1,125,459      1,178,603             1.5           13.8           14.3  
        A. Net Claims on Central Government           1,451,830         1,419,652         1,514,235            1,546,017             31,783            62,404         126,366             2.1              4.3             8.9  
  Claims on central government          2,072,598         2,048,752         2,281,640            2,277,046             (4,595)          209,043         228,293           (0.2)           10.1           11.1  
  less: Liabilities to central government              620,767            629,101            767,406                731,028           (36,377)          146,638         101,928           (4.7)           23.6           16.2  
        B. Claims on Other Sectors           6,718,043         6,835,445         7,781,097            7,887,683           106,586      1,063,054      1,052,238             1.4           15.8           15.4  
  Claims on other financial corporations              706,456            709,985            766,111                779,710             13,599            59,655            69,725             1.8              8.4             9.8  
  Claims on state and local government                78,945               79,542               82,113                  81,491                 (622)               3,168              1,949           (0.8)              4.0             2.5  
  Claims on public nonfinancial corporations              300,876            287,051            258,281                265,313               7,032          (42,595)         (21,738)             2.7         (14.2)           (7.6)  
  Claims on private sector          5,631,766         5,758,867         6,674,592            6,761,169             86,577      1,042,826      1,002,302             1.3           18.5           17.4  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)        10,078,252      10,173,028      11,250,441          11,390,229           139,788      1,172,189      1,217,201             1.2           11.6           12.0  
    M3 (M2 + 3.d) **          8,560,865         8,654,940         9,521,191            9,630,331           109,140          960,326         975,391             1.1           11.2           11.3  
      M2 (M1 + 3.c)          8,239,009         8,332,755         9,171,032            9,280,620           109,587          932,023         947,864             1.2           11.3           11.4  
        M1 (3.a + 3.b)          2,771,394         2,771,095         3,173,319            3,175,165               1,846          401,926         404,070             0.1           14.5           14.6  
   
        3.a  Currency outside depository corporations (Currency in circulation)              815,727            796,339            899,756                894,045             (5,711)            84,028            97,706           (0.6)           10.3           12.3  
        3.b  Transferable deposits included in broad money (Demand deposits)          1,955,666         1,974,756         2,273,563            2,281,121               7,557          317,897         306,365             0.3           16.3           15.5  
        3.c  Other deposits included in broad money          5,467,615         5,561,660         5,997,713            6,105,454           107,741          530,098         543,794             1.8              9.7             9.8  
  Savings deposits          3,707,193         3,780,355         4,044,453            4,090,320             45,867          337,260         309,965             1.1              9.1             8.2  
  Time deposits          1,760,422         1,781,305         1,953,260            2,015,134             61,874          192,838         233,829             3.2           11.0           13.1  
        3.d  Securities other than shares included in broad money (Deposit substitutes)              321,856            322,185            350,159                349,712                 (447)            28,303            27,527           (0.1)              8.8             8.5  
        3.e  Transferable and other deposits in foreign currency (FCDs-Residents)          1,517,387         1,518,088         1,729,250            1,759,898             30,648          211,863         241,810             1.8           14.0           15.9  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY          2,291,943         2,259,192         2,396,873            2,411,822             14,949          104,930         152,630             0.6              4.6             6.8  
                                   
* 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
a Based on revised Central Bank Survey
**/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