20	BSP: ASSETS AND LIABILITIES
	as of periods indicated
	in billion pesos
						2021	2022	2023 p
	Total Assets					7,575.91	7,247.94	7,563.66
		Annual growth rate (%)				7.1	-4.3	4.4
	International Reserves					5,505.38	5,322.71	5,707.64
	Domestic Securities					1,470.58	1,350.13	1,277.95
	Loans and Advances					121.75	83.17	83.33
	Bank Premises and Other Fixed Assets					22.23	21.28	21.00
	Derivative Instruments in a Gain Position					0.10	0.65	0.35
	Other Assets					455.88	470.02	473.37
	Total Liabilities					7,440.52	7,136.92	7,420.93
		Annual growth rate (%)				7.8	-4.1	4.0
	Currency in Circulation					2,175.87	2,337.42	2,447.01
	Deposits					3,816.54	3,049.59	2,626.32
		Reserve Deposits of Other Depository Corporations (ODCs) 1				1,391.94	1,293.14	1,379.09
		Reserve Deposits of Other Financial Corporations (OFCs) 2				0.40	0.40	0.43
		Secured Settlement Account				30.45	149.58	162.80
		Overnight Deposit Facility 3				717.82	574.88	229.17
		Term Deposit Facility 3				630.12	466.09	332.49
		Bureau of the Treasury 4				907.58	431.82	379.83
	1	Foreign Financial Institutions				97.10	100.26	103.86
		Other Foreign Currency Deposits				8.10	2.79	4.75
		Other Deposits 5				33.05	30.62	33.89
	Net Bonds Payable					25.49	27.92	27.72
	Allocation of Special Drawing Rights					199.49	209.41	209.33
	Derivatives Liability					0.00	0.00	0.01
	Revaluation of Foreign Currency Accounts 6					617.32	689.25	800.75
	Reverse Repurchase Facility 3					305.00	305.07	640.18
	Net Bills Payable - Domestic					259.86	478.85	633.52
	Other Liabilities 7					40.94	39.42	36.08
	Net Worth					135.40	111.02	142.73
	Capital					50.00	60.00	60.00
	Surplus/Reserves 8					85.40	51.02	82.73
	1	ODCs include universal and commercial banks (U/KBs), specialized government banks (SGBs), thrift banks (TBs), rural and cooperative
		banks (R/CBs), non-banks with quasi-banking functions (NBQBs) and digital banks.
	2	OFCs include trust units of banks only.
	3	Starting 3 June 2016, the Reverse Repurchase Agreement and Special Deposit Account have been replaced by the Reverse Repurchase
		Facility and Overnight Deposit Facility, respectively, and the Term Deposit Facility was introduced in line with the implementation of the
		Interest Rate Corridor (IRC) system. Include accrued interest payables.
	4	Previously named Treasurer of the Philippines. Includes foreign currency deposits.
	5	Include GOCC deposits
	6	Previously named Revaluation of International Reserves
	7	Include Due to Broker and Repurchase Agreement accounts, if there is any.
	8	Consist of 1) Surplus account, which pertains to the unrestricted retained earnings of the BSP; 2) Capital reserves, which pertains to the
		funds set aside for various contingencies;  and 3) Unrealized gains(losses) on investments  in government securities, stocks and other securities
	p	Based on the unaudited preliminary BSP Financial Statements
	Details  may not add up to total due to rounding.