Depository Corporations Survey
levels 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
											2025		2025			2025		2025
					March	April		March p,r	April p		April p		March p,r	April p		April p		March p,r	April p
1. Net Foreign Assets					6,637,359	6,691,170		6,807,661	6,678,381		-129,280		170,302	-12,789		-1.9		2.6	-0.2
A. Central Bank					5,876,006	5,922,742		6,143,038	5,930,946	a	-212,092		267,031	8,203		-3.5		4.5	0.1
	Claims on Nonresidents				6,123,859	6,161,454		6,380,511	6,168,100		-212,411		256,651	6,646		-3.3		4.2	0.1
	Less: Liabilities to Nonresidents				247,853	238,711		237,473	237,154		-319		-10,380	-1,557		-0.1		-4.2	-0.7
B. Other Depository Corporations					761,352	768,427		664,623	747,435		82,812		-96,729	-20,992		12.5		-12.7	-2.7
	Claims on Nonresidents				1,944,683	1,935,127		2,307,391	2,007,123		-300,268		362,708	71,996		-13.0		18.7	3.7
	Less: Liabilities to Nonresidents				1,183,330	1,166,700		1,642,767	1,259,688		-383,079		459,437	92,988		-23.3		38.8	8.0
2. Domestic Claims					18,701,875	18,691,705		20,671,943	20,720,905		48,962		1,970,068	2,029,200		0.2		10.5	10.9
A. Net Claims on Central Government					5,162,579	5,026,996		5,582,041	5,497,599		-84,442		419,462	470,604		-1.5		8.1	9.4
	Claims on Central Government				6,521,613	6,465,643		6,997,623	7,131,539		133,915		476,011	665,896		1.9		7.3	10.3
	Less: Liabilities to Central Government				1,359,033	1,438,647		1,415,582	1,633,939		218,357		56,549	195,292		15.4		4.2	13.6
B. Claims on Other Sectors					13,539,296	13,664,709		15,089,902	15,223,306		133,404		1,550,606	1,558,597		0.9		11.5	11.4
	Claims on Other Financial Corporations				1,246,172	1,252,146		1,370,359	1,402,292		31,933		124,188	150,146		2.3		10.0	12.0
	Claims on State and Local Government				198,080	201,084		234,363	236,162		1,799		36,283	35,078		0.8		18.3	17.4
	Claims on Public Nonfinancial Corporations				239,327	248,388		258,903	256,730		-2,173		19,576	8,342		-0.8		8.2	3.4
	Claims on Private Sector				11,855,717	11,963,091		13,226,277	13,328,122		101,845		1,370,559	1,365,031		0.8		11.6	11.4
3. Liquidity Aggregates Included in Broad Money
	M4 (M3 + 3.e)				20,392,482	20,406,796		21,518,425	21,435,752		-82,673		1,125,943	1,028,956		-0.4		5.5	5.0
	M3 (M2 + 3.d) 1				17,199,930	17,218,804		18,266,810	18,213,918		-52,892		1,066,880	995,114		-0.3		6.2	5.8
	M2 (M1 + 3.c)				16,751,738	16,806,824		17,854,920	17,809,566		-45,354		1,103,182	1,002,742		-0.3		6.6	6.0
	M1 (3.a + 3.b)				6,809,347	6,779,460		7,291,909	7,286,996		-4,912		482,562	507,536		-0.1		7.1	7.5
3.a  Currency Outside Depository Corporations					2,027,397	2,036,043		2,294,658	2,348,586		53,928		267,261	312,543		2.4		13.2	15.4
3.b  Transferable Deposits Included in Broad Money					4,781,950	4,743,417		4,997,251	4,938,411		-58,840		215,301	194,993		-1.2		4.5	4.1
3.c  Other Deposits Included in Broad Money					9,942,391	10,027,364		10,563,011	10,522,569		-40,442		620,620	495,206		-0.4		6.2	4.9
	Savings Deposits				6,397,474	6,429,642		6,748,146	6,717,163		-30,984		350,672	287,520		-0.5		5.5	4.5
	Time Deposits				3,544,917	3,597,721		3,814,865	3,805,407		-9,458		269,948	207,685		-0.2		7.6	5.8
3.d  Securities Other Than Shares Included in Broad Money					448,192	411,980		411,890	404,352		-7,538		-36,302	-7,628		-1.8		-8.1	-1.9
3.e  Transferable and Other Deposits in Foreign Currency (FCDs-Residents)					3,192,552	3,187,992		3,251,615	3,221,834		-29,781		59,063	33,842		-0.9		1.9	1.1
4. Liabilities Excluded from Broad Money					4,946,752	4,976,078		5,961,180	5,963,534		2,354		1,014,428	987,456		.		20.5	19.8
1 M3 may also be derived as net foreign assets (NFA) + domestic claims (DC) – (deposits in foreign currency of residents + liabilities excluded from broad money).
p preliminary
r revised
a Based on revised Central Bank Survey
. rounds off to zero
Source: Bangko Sentral ng Pilipinas