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Note:
Starting October 2004, rediscount rate refers to the weighted average
interest rates of loans granted under the rediscount window. Since November
2022, there has been no availment of the rediscounting facility. Moreover,
the previous rediscount facility has been replaced by the discount window
facility effective 2 December 2024, thru the implementation of Circular No.
1202. The enhancement added advances against government and BSP securities,
helping align its credit operations with global best practices. |