DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
as of period indicated                                
                                   
          LEVELS (million pesos) FLOWS (million pesos) GROWTH RATES (%)  
  Feb-16 Mar-16 Feb-17 r Mar-17 p Mar 17  -      Feb 17 Feb 17  -      Feb 16 Mar 17 -       Mar 16   Mar 17  -      Feb 17 Feb 17  -      Feb 16 Mar 17 -       Mar 16  
           
1. NET FOREIGN ASSETS           4,159,453         4,100,297         4,458,098             4,316,851         (141,248)          298,645          216,554            (3.2)              7.2             5.3  
        A. Bangko Sentral ng Pilipinas           3,856,282         3,778,462         4,022,430             3,992,282  a             (30,148)          166,148          213,820            (0.7)              4.3             5.7  
     Claims on non-residents           3,931,596         3,852,497         4,101,111             4,071,296            (29,815)          169,515          218,799            (0.7)              4.3             5.7  
     less: Liabilities to non-residents                75,314               74,035               78,681                  79,014                   333               3,367              4,979              0.4              4.5             6.7  
        B. Other Depository Corporation              303,171             321,835             435,668                324,569         (111,100)          132,497              2,734          (25.5)            43.7             0.8  
     Claims on non-residents           1,071,201         1,070,918         1,192,128             1,202,137             10,008          120,927          131,219              0.8            11.3           12.3  
     less: Liabilities to non-residents              768,030             749,083             756,460                877,568           121,108           (11,570)          128,485           16.0            (1.5)           17.2  
   
2. DOMESTIC CLAIMS           7,976,187         8,075,868         9,242,576             9,349,868           107,292       1,266,389      1,274,001              1.2            15.9           15.8  
        A. Net Claims on Central Government            1,380,166         1,447,117         1,614,463             1,649,274             34,811          234,297          202,157              2.2            17.0           14.0  
  Claims on central government           2,034,576         2,066,823         2,200,817             2,192,780              (8,037)          166,241          125,958            (0.4)              8.2             6.1  
  less: Liabilities to central government              654,410             619,706             586,354                543,507            (42,848)           (68,055)          (76,199)            (7.3)          (10.4)         (12.3)  
        B. Claims on Other Sectors            6,596,022         6,628,751         7,628,114             7,700,594             72,481       1,032,092      1,071,844              1.0            15.6           16.2  
  Claims on other financial corporations              658,581             689,865             798,759                789,396              (9,363)          140,178            99,531            (1.2)            21.3           14.4  
  Claims on state and local government                76,544               77,848               84,219                  82,560              (1,659)               7,676              4,712            (2.0)            10.0             6.1  
  Claims on public nonfinancial corporations              285,282             282,107             258,947                257,015              (1,932)           (26,335)          (25,092)            (0.7)            (9.2)            (8.9)  
  Claims on private sector           5,575,615         5,578,931         6,486,189             6,571,624             85,435          910,573          992,693              1.3            16.3           17.8  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)           9,912,287       10,031,789       11,168,874          11,227,652             58,778       1,256,587      1,195,862              0.5            12.7           11.9  
    M3 (M2 + 3.d) **           8,381,153         8,542,003         9,438,844             9,495,952             57,108       1,057,691          953,950              0.6            12.6           11.2  
      M2 (M1 + 3.c)           8,066,559         8,219,040         9,077,009             9,152,967             75,958       1,010,451          933,927              0.8            12.5           11.4  
        M1 (3.a + 3.b)           2,652,954         2,712,442         3,053,011             3,107,901             54,890          400,057          395,459              1.8            15.1           14.6  
   
        3.a  Currency outside depository corporations (Currency in circulation)              731,393             766,314             847,608                882,919             35,312          116,215          116,605              4.2            15.9           15.2  
        3.b  Transferable deposits included in broad money (Demand deposits)           1,921,561         1,946,128         2,205,403             2,224,982             19,579          283,842          278,854              0.9            14.8           14.3  
        3.c  Other deposits included in broad money           5,413,605         5,506,598         6,023,999             6,045,066             21,068          610,394          538,468              0.3            11.3             9.8  
  Savings deposits           3,661,937         3,702,853         4,091,511             4,083,678              (7,833)          429,574          380,826            (0.2)            11.7           10.3  
  Time deposits           1,751,668         1,803,746         1,932,488             1,961,388             28,900          180,820          157,643              1.5            10.3             8.7  
        3.d  Securities other than shares included in broad money (Deposit substitutes)              314,595             322,962             361,835                342,985            (18,850)             47,240            20,023            (5.2)            15.0             6.2  
        3.e  Transferable and other deposits in foreign currency (FCDs-Residents)           1,531,134         1,489,787         1,730,030             1,731,699                1,670          198,896          241,913              0.1            13.0           16.2  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY           2,223,354         2,144,375         2,531,801             2,439,067            (92,734)          308,447          294,692            (3.7)            13.9           13.7  
                                   
* 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)