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
						April	May		April p,r	May p		May p		April p,r	May p		May p		April p,r	May p
	1. Net Foreign Assets					6,691,170	6,877,472		6,678,381	6,558,823		-119,558		-12,789	-318,649		-1.8		-0.2	-4.6
	A. Central Bank					5,922,742	6,162,719		5,930,946	5,892,412	a	-38,534		8,203	-270,308		-0.6		0.1	-4.4
		Claims on Nonresidents				6,161,454	6,405,227		6,168,100	6,133,162		-34,938		6,646	-272,065		-0.6		0.1	-4.2
		Less: Liabilities to Nonresidents				238,711	242,508		237,154	240,750		3,596		-1,557	-1,758		1.5		-0.7	-0.7
	B. Other Depository Corporations					768,427	714,753		747,435	666,411		-81,024		-20,992	-48,341		-10.8		-2.7	-6.8
		Claims on Nonresidents				1,935,127	1,932,615		2,007,123	1,969,261		-37,862		71,996	36,646		-1.9		3.7	1.9
		Less: Liabilities to Nonresidents				1,166,700	1,217,863		1,259,688	1,302,850		43,162		92,988	84,987		3.4		8.0	7.0
	2. Domestic Claims					18,691,705	18,859,123		20,728,109	20,884,934		156,825		2,036,404	2,025,811		0.8		10.9	10.7
	A. Net Claims on Central Government					5,026,996	5,055,402		5,496,245	5,516,682		20,438		469,249	461,280		0.4		9.3	9.1
		Claims on Central Government				6,465,643	6,576,164		7,130,190	7,148,220		18,030		664,547	572,055		0.3		10.3	8.7
		Less: Liabilities to Central Government				1,438,647	1,520,762		1,633,945	1,631,537		-2,408		195,298	110,775		-0.1		13.6	7.3
	B. Claims on Other Sectors					13,664,709	13,803,721		15,231,864	15,368,252		136,387		1,567,155	1,564,531		0.9		11.5	11.3
		Claims on Other Financial Corporations				1,252,146	1,248,491		1,402,339	1,436,828		34,490		150,193	188,338		2.5		12.0	15.1
		Claims on State and Local Government				201,084	202,809		236,162	239,009		2,847		35,078	36,200		1.2		17.4	17.8
		Claims on Public Nonfinancial Corporations				248,388	245,808		256,730	263,073		6,343		8,342	17,265		2.5		3.4	7.0
		Claims on Private Sector				11,963,091	12,106,614		13,336,633	13,429,341		92,708		1,373,542	1,322,728		0.7		11.5	10.9
	3. Liquidity Aggregates Included in Broad Money
		M4 (M3 + 3.e)				20,406,796	20,551,981		21,438,747	21,598,017		159,270		1,031,951	1,046,036		0.7		5.1	5.1
		M3 (M2 + 3.d) 1				17,218,804	17,399,508		18,216,913	18,354,137		137,223		998,110	954,629		0.8		5.8	5.5
		M2 (M1 + 3.c)				16,806,824	16,998,815		17,810,327	17,985,322		174,995		1,003,503	986,507		1.0		6.0	5.8
		M1 (3.a + 3.b)				6,779,460	6,868,317		7,287,021	7,287,101		80		507,560	418,784		0.0		7.5	6.1
	3.a  Currency Outside Depository Corporations					2,036,043	2,069,026		2,348,610	2,300,846		-47,764		312,567	231,820		-2.0		15.4	11.2
	3.b  Transferable Deposits Included in Broad Money					4,743,417	4,799,291		4,938,411	4,986,255		47,844		194,993	186,964		1.0		4.1	3.9
	3.c  Other Deposits Included in Broad Money					10,027,364	10,130,497		10,523,306	10,698,220		174,914		495,943	567,723		1.7		4.9	5.6
		Savings Deposits				6,429,642	6,430,263		6,718,735	6,815,489		96,753		289,093	385,226		1.4		4.5	6.0
		Time Deposits				3,597,721	3,700,235		3,804,571	3,882,732		78,161		206,850	182,497		2.1		5.7	4.9
	3.d  Securities Other Than Shares Included in Broad Money					411,980	400,693		406,586	368,815		-37,771		-5,394	-31,878		-9.3		-1.3	-8.0
	3.e  Transferable and Other Deposits in Foreign Currency (FCDs-Residents)					3,187,992	3,152,473		3,221,834	3,243,880		22,046		33,842	91,407		0.7		1.1	2.9
	4. Liabilities Excluded from Broad Money					4,976,078	5,184,614		5,967,742	5,845,740		-122,002		991,664	661,126		-2.0		19.9	12.8
	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