PHILIPPINES:    
  INTERNATIONAL RESERVES AND FOREIGN CURRENCY LIQUIDITY    
  31 March 2017    
  In Million U.S. Dollars    
                                 
                                 
I. Official reserve assets and other foreign currency assets (approximate market value)
A. Official reserve assets 80,893.79  
(1) Foreign currency reserves (in convertible foreign currencies)               70,018.58  
    (a) Securities *               52,778.73  
      of which: issuer headquartered in reporting country but located abroad      
    (b) Total currency and deposits   17,239.85  
      (i) other national central banks, BIS and IMF             3,125.44  
      (ii) banks headquartered in the reporting country               -  
        of which: located abroad                  
      (iii) banks headquartered outside the reporting country               14,114.41  
        of which: located in the reporting country                  
  (2) IMF reserve position               445.66  
  (3) SDRs               1,148.88  
  (4) Gold (including gold deposits and, if appropriate, gold swapped)           7,887.89  
    - volume in million fine troy ounces               6.31  
  (5) Other reserve assets (specify)               1,392.78  
    - financial derivatives                  
    - loans to nonbank nonresidents                  
    - others               1,392.78 a
B. Other foreign currency assets (specify)               1,737.20  
  - securities not included in official reserve assets               1,736.68  
  - deposits not included in official reserve assets               0.52  
  - loans not included in official reserve assets                  
  - financial derivatives not included in official reserve assets                  
  - gold not included in official reserve assets                  
  - others                  
a/ Includes accrued interest receivable, financial securities purchased under agreements to resell, due from/to broker, claims on
  Bank for International Settlements Investment Pool (BISIP) Series, Asian Bond Fund-1 (ABF-1) and ABF-2; for more details
  on ABF-1 and ABF-2, refer to http://asianbondsonline.adb.org
* Includes Held-to-Maturity Securities which are valued at amortized cost.
II. Predetermined short-term net drains on foreign currency assets (nominal value)
                  Maturity breakdown (residual maturity)
              Total Up to 1 month More than 1 month and up to 3 months More than 3 months and up to 1 year
   
             
1. Foreign currency loans, securities, and deposits   -3,458.27   -498.88   -395.19   -2,564.20  
-outflows (-)   Principal   -1,458.29   -392.35   -245.60   -820.34  
  Interest   -1,999.98   -106.53   -149.59   -1,743.86  
-inflows (+)   Principal                  
  Interest                  
2. Aggregate short and long positions in forwards and futures in foreign currencies vis--vis the domestic currency (including the forward leg of currency swaps)                  
    0.00   0.00 0.00 0.00  
                   
  (a) Short positions (-)                  
  (b) Long positions (+)   0.00   0.00   0.00   0.00  
3. Others (specify)                  
  - outflows related to repos (-)                  
  - inflows related to reverse repos (+)                  
  - trade credit (-)                  
  - trade credit (+)                  
  - other accounts payable (-)                  
  - other accounts receivable (+)                  
III. Contingent short-term net drains on foreign currency assets (nominal value)
                  Maturity breakdown (residual maturity, where applicable)
                 
              Total Up to 1 month More than 1 month and up to 3 months More than 3 months and up to 1 year
   
             
1. Contingent liabilities in foreign currency                  
  (a) Collateral guarantees on debt falling due within 1 year                  
  (b) Other contingent liabilities   -751.18   -3.01   -235.68   -512.49  
    Principal     -503.82   -2.96   -123.79   -377.07  
    Interest     -247.36   -0.05   -111.89   -135.42  
2. Foreign currency securities issued with embedded options (puttable bonds)          
     
3. Undrawn, unconditional credit lines provided by:                  
  (a) other national monetary authorities, BIS, IMF, and other international organizations        
   
    - other national monetary authorities (+)                  
    - BIS (+)                    
    - IMF (+)                    
    - other international organizations (+)                        
  (b) with banks and other financial institutions headquartered in the reporting country (+)        
   
  (c) with banks and other financial institutions headquartered outside the reporting country (+)        
   
4. Undrawn, unconditional credit lines provided to:                  
  (a) other national monetary authorities, BIS, IMF, and other international organizations        
   
    - other national monetary authorities (-)                  
    - BIS (-)                    
    - IMF (-)                    
    - other international organizations (+)                        
  (b) banks and other financial institutions headquartered in the reporting country (-)        
   
  (c) banks and other financial institutions headquartered outside the reporting country (-)        
   
5. Aggregate short and long positions of options in foreign currencies vis--vis the domestic currency        
 
  (a) Short positions                  
    (i) Bought puts                  
    (ii) Written calls                  
  (b) Long positions                  
    (i) Bought calls                  
    (ii) Written puts                  
PRO MEMORIA: In-the-money options                  
(1) At current exchange rates                  
  (a) Short position                  
  (b) Long position                  
(2) + 5% (depreciation of 5%)                  
  (a) Short position                  
  (b) Long position                  
(3) - 5% (appreciation of 5%)                  
  (a) Short position                  
  (b) Long position                  
(4) + 10% (depreciation of 10%)                  
  (a) Short position                  
  (b) Long position                  
(5) - 10% (appreciation of 10%)                  
  (a) Short position                  
  (b) Long position                  
(6) Others (specify)                  
  (a) Short position                  
  (b) Long position                  
IV. Memo items
(1) To be reported with standard periodicity and timeliness:                  
  (a) short-term domestic currency debt indexed to the exchange rate                
  (b) financial instruments denominated in foreign currency and settled by other means (e.g., in domestic currency)          
       
    - derivatives (forwards, futures, or options contracts)                  
      - short positions                  
      - long positions                  
    - other instruments                  
  (c) pledged assets                  
    - included in reserve assets                  
    - included in other foreign currency assets                  
  (d) securities lent and on repo               -5,187.78  
    - lent or repoed and included in Section I               -5,187.78  
    - lent or repoed but not included in Section I                  
    - borrowed or acquired and included in Section I                  
    - borrowed or acquired but not included in Section I                  
  (e) financial derivative assets (net, marked to market)                  
    - forwards                  
    - futures                    
    - swaps                    
    - options                    
    - others                    
  (f) derivatives (forward, futures, or options contracts) that have a residual maturity greater than one year, which are subject to margin calls        
 
   
    - aggregate short and long positions in forwards and futures in foreign currencies vis--vis the domestic currency (including the forward leg of currency swaps)        
 
   
    (a) short positions (-)                  
    (b) long positions (+)                  
    -aggregate short and long positions of options in foreign currencies vis--vis the domestic currency        
   
    (a) short positions                  
      (i) bought puts                  
      (ii) written calls                  
    (b) long positions                  
      (i) bought calls                  
      (ii) written puts                  
(2) To be disclosed at least once a year:                  
  (a) currency composition of reserves (by groups of currencies)               80,893.79  
    - currencies in SDR basket               78,294.23  
    - currencies not in SDR basket               2,599.56  
    - by individual currencies (optional)