DEPOSITORY CORPORATIONS SURVEY (SRF-based) *
	in million pesos
						LEVELS (as of end-period)					CHANGES IN LEVELS					PERCENT CHANGE
											m-o-m		y-o-y			m-o-m		y-o-y
						Jan-20	Feb-20	Jan-21 p,r	Feb-21 p		Feb 21 - Jan 21		Jan 21 -     Jan 20	Feb 21 -    Feb 20		Feb-21 p		Jan-21 p,r	Feb-21 p
	1. NET FOREIGN ASSETS					4,978,882	5,037,698	6,066,252	6,136,265		70,013		1,087,370	1,098,567		1.2		21.8	21.8
	A. Central Bank					4,353,952	4,424,681	5,237,544	5,289,482	a	51,938		883,592	864,801		1.0		20.3	19.5
		Claims on Non-residents				4,434,971	4,505,219	5,314,224	5,367,164		52,940		879,253	861,945		1.0		19.8	19.1
		Less: Liabilities to Non-residents				81,019	80,538	76,680	77,682		1,002		-4,339	-2,856		1.3		-5.4	-3.5
	B. Other Depository Corporation					624,930	613,017	828,708	846,783		18,075		203,778	233,766		2.2		32.6	38.1
		Claims on Non-residents				1,690,081	1,639,692	1,745,763	1,714,495		-31,268		55,681	74,802		-1.8		3.3	4.6
		Less: Liabilities to Non-residents				1,065,152	1,026,676	917,055	867,712		-49,343		-148,097	-158,964		-5.4		-13.9	-15.5
	2. DOMESTIC CLAIMS					13,109,403	13,031,485	13,754,915	13,757,122		2,207		645,513	725,637		0.0		4.9	5.6
	A. Net Claims on Central Government					2,268,389	2,149,613	3,152,491	3,161,671		9,180		884,102	1,012,058		0.3		39.0	47.1
		Claims on Central Government				2,942,573	3,134,239	4,996,636	4,991,800		-4,835		2,054,063	1,857,562		-0.1		69.8	59.3
		Less: Liabilities to central government				674,184	984,625	1,844,145	1,830,129		-14,016		1,169,961	845,503		-0.8		173.5	85.9
	B. Claims on Other Sectors					10,841,013	10,881,872	10,602,424	10,595,450		-6,974		-238,589	-286,421		-0.1		-2.2	-2.6
		Claims on other financial corporations				1,152,117	1,175,436	1,100,365	1,098,802		-1,563		-51,752	-76,634		-0.1		-4.5	-6.5
		Claims on state and local government				98,737	98,650	102,484	103,317		834		3,747	4,667		0.8		3.8	4.7
		Claims on public nonfinancial corporations				258,401	255,636	267,424	261,793		-5,631		9,022	6,157		-2.1		3.5	2.4
		Claims on private sector				9,331,758	9,352,149	9,132,152	9,131,538		-614		-199,606	-220,612		0.0		-2.1	-2.4
	3. LIQUIDITY AGGREGATES
		M4 (M3 + 3.e)				14,828,756	14,792,993	15,962,300	15,983,317		21,016		1,133,544	1,190,324		0.1		7.6	8.0
		M3 (M2 + 3.d) **				12,805,426	12,764,857	13,945,474	13,963,382		17,907		1,140,048	1,198,525		0.1		8.9	9.4
		M2 (M1 + 3.c)				12,084,372	12,017,031	13,310,555	13,316,155		5,600		1,226,183	1,299,124		0.0		10.1	10.8
		M1 (3.a + 3.b)				4,435,647	4,448,628	5,372,029	5,376,988		4,959		936,382	928,360		0.1		21.1	20.9
	3.a  Currency outside depository corporations					1,292,606	1,296,646	1,632,147	1,617,498		-14,649		339,541	320,853		-0.9		26.3	24.7
	3.b  Transferable deposits included in broad money					3,143,041	3,151,982	3,739,882	3,759,490		19,608		596,841	607,507		0.5		19.0	19.3
	3.c  Other deposits included in broad money					7,648,725	7,568,403	7,938,526	7,939,167		641		289,801	370,764		0.0		3.8	4.9
		Savings deposits				4,952,449	4,965,844	5,660,937	5,752,661		91,724		708,488	786,817		1.6		14.3	15.8
		Time deposits				2,696,276	2,602,559	2,277,589	2,186,506		-91,083		-418,687	-416,053		-4.0		-15.5	-16.0
	3.d  Securities other than shares included in broad money					721,054	747,826	634,919	647,227		12,307		-86,135	-100,599		1.9		-11.9	-13.5
	3.e  Transferable and other deposits in foreign currency					2,023,330	2,028,136	2,016,826	2,019,935		3,109		-6,504	-8,201		0.2		-0.3	-0.4
	4. LIABILITIES EXCLUDED FROM BROAD MONEY					3,259,528	3,276,190	3,858,867	3,910,070		51,203		599,338	633,880		1.3		18.4	19.3
	* 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
	** 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