Central Bank Survey¹
in million Philippine pesos; as of periods indicated


						Levels								Changes in Levels						Percent Change (%)
						2024				2025				Month-on-Month		Year-on-year				Month-on-Month		Year-on-year
						February		March		February	^p,r	March	^p	2025						2025
						February		March		February		March		March	^p	February	^p,r	March	^p	March	^p	February	^p,r	March	^p

I	NET FOREIGN ASSETS					5,752,798		5,876,006		6,266,235		6,122,490		-143,745		513,437		246,484		-2.3		8.9		4.2
		Claims on Nonresidents				5,985,387		6,123,859		6,502,851		6,356,429		-146,422		517,463		232,570		-2.3		8.6		3.8
		Less: Liabilities to Nonresidents				232,589		247,853		236,616		233,939		-2,677		4,027		-13,914		-1.1		1.7		-5.6

II	DOMESTIC CLAIMS					377,237		879,769		583,739		827,159		243,421		206,502		-52,610		41.7		54.7		-6.0
		Net Claims on Central Government				340,780		835,088		390,261		791,652		401,391		49,481		-43,436		102.9		14.5		-5.2
			Claims on Central Government			1,389,689		1,312,375		1,265,218		1,264,717		-501		-124,471		-47,658		0.0		-9.0		-3.6
			Less: Liabilities to Central Government			1,048,909		477,287		874,957		473,065		-401,892		-173,953		-4,222		-45.9		-16.6		-0.9
		Claims on Other Depository Corporations				17,723		25,933		174,575		16,590		-157,984		156,852		-9,343		-90.5		885.0		-36.0
		Claims on Other Sectors				18,734		18,748		18,903		18,917		14		169		169		0.1		0.9		0.9
			Claims on Other Financial Corporations			18,733		18,748		18,902		18,916		14		169		169		0.1		0.9		0.9
			Claims on State and Local Government			0		0		0		0		0		0		0		--		--		--
			Claims on Public Nonfinancial Corporations			0		0		0		0		0		0		0		--		--		--
			Claims on Private Sector			1		1		1		1		0		0		0		0.0		0.0		0.0

III	RESERVE MONEY					3,384,054		3,843,472		3,735,678		3,314,998		-420,681		351,625		-528,474		-11.3		10.4		-13.7
		Currency in Circulation				2,234,166		2,298,006		2,490,406		2,573,042		82,637		256,240		275,036		3.3		11.5		12.0
		Liabilities to Other Depository Corporations				1,149,487		1,545,061		1,243,398		739,881		-503,517		93,911		-805,180		-40.5		8.2		-52.1
		Liabilities to Other Sectors				401		405		1,874		2,075		200		1,473		1,670		10.7		367.2		412.4

IV	LIABILITIES OTHER THAN RESERVE MONEY					2,745,981		2,912,304		3,114,295		3,634,652		520,357		368,314		722,348		16.7		13.4		24.8

	Memo Items:^2,3
		Reverse Repurchase Facility				437,198		365,210		239,393		620,000		380,607		-197,805		254,790		159.0		-45.2		69.8
		Overnight Deposit Facility				279,541		324,182		183,676		422,779		239,103		-95,865		98,597		130.2		-34.3		30.4
		Term Deposit Facility				296,495		348,462		257,448		170,308		-87,140		-39,047		-178,154		-33.8		-13.2		-51.1
		BSP Securities (Bills)				699,401		761,906		898,290		898,825		535		198,889		136,919		0.1		28.4		18.0


	¹	Based on the standardized report forms (SRFs), a unified framework for reporting monetary and financial statistics to the IMF
	²	Starting 3 June 2016, the reverse repurchase agreement and special deposit account have been replaced by the reverse repurchase (RRP) facility and overnight deposit facility (ODF), respectively,
		and the term deposit facility (TDF) was introduced in line with the implementation of the interest rate corridor (IRC) system.
	³	Include accrued interest payable
	Details may not add up to total due to rounding.
	^p	preliminary
	^r	revised to reflect latest end-month data
	.	rounds off to zero
	--	indeterminate