RESERVE REQUIREMENT (RR) OF UNIVERSAL / COMMERCIAL BANKS
in percent
A.	AGAINST SELECTED PESO DEPOSIT AND DEPOSIT SUBSTITUTE LIABILITIES
	Effective		Circular			"NOW"			Deposit
	Date		No.		Demand	Accounts	Savings	Time	Substitutes
	06-Apr-12		753 a		18	18	18	18	18
	11-Apr-14		830		19	19	19	19	19
	30-May-14		832		20	20	20	20	20
	02-Mar-18		997		19	19	19	19	19
	01-Jun-18		1004		18	18	18	18	18
	31-May-19		1041		17	17	17	17	17
	28-Jun-19		1041		16.5	16.5	16.5	16.5	16.5
	26-Jul-19		1041		16	16	16	16	16
	01-Nov-19		1056		15	15	15	15	15
	06-Dec-19		1063		14	14	14	14	14
	03-Apr-20		1082		12	12	12	12	12
	30-Jun-23		1175		9.5	9.5	9.5	9.5	9.5
B.	AGAINST COMMON TRUST FUND (CTFs) AND
	TRUST AND OTHER FIDUCIARY ACCOUNTS (TOFA) - OTHERS
	Effective		Circular
	Date		No.			CTFs		TOFA-OTHERS
	06-Apr-12		753 a			18		15
	11-Apr-14		830			19		16
	30-May-14		832			20		17
	02-Mar-18		997			19		17
	01-Jun-18		1004			19		17
a	The Circular provided for the Unification of the Statutory/Legal and Liquidity Reserve Requirement,
	Exclusion of Vault Cash and Demand Deposits as Eligible Forms of Reserve Requirement Compliance,
	and Reduction in the Unified Reserve Requirement Ratios.