DEPOSITORY CORPORATIONS SURVEY (SRF-based) *
in million pesos
					LEVELS (as of end-period)					CHANGES IN LEVELS					PERCENT CHANGE
										m-o-m		y-o-y			m-o-m		y-o-y
					Oct-20	Nov-20	Oct-21 r, p	Nov-21 p		Nov 21 -    Oct 21		Oct 21 -    Oct 20	Nov 21 -    Nov 20		Nov-21 p		Oct-21 r, p	Nov-21 p
1. NET FOREIGN ASSETS					5,895,160	5,869,657	6,408,378	6,384,775		-23,602		513,217	515,118		-0.4		8.7	8.8
A. Central Bank					5,035,879	5,053,097	5,476,881	5,453,813	a	-23,068		441,002	400,716		-0.4		8.8	7.9
	Claims on Non-residents				5,112,147	5,129,796	5,697,013	5,671,525		-25,488		584,866	541,729		-0.4		11.4	10.6
	Less: Liabilities to Non-residents				76,268	76,699	220,132	217,712		-2,420		143,864	141,013		-1.1		188.6	183.9
B. Other Depository Corporation					859,281	816,560	931,497	930,962		-535		72,216	114,402		-0.1		8.4	14.0
	Claims on Non-residents				1,768,727	1,738,742	1,804,992	1,826,214		21,223		36,265	87,472		1.2		2.1	5.0
	Less: Liabilities to Non-residents				909,446	922,182	873,495	895,252		21,757		-35,951	-26,930		2.5		-4.0	-2.9
2. DOMESTIC CLAIMS					13,455,632	13,599,024	14,459,037	14,699,967		240,931		1,003,405	1,100,943		1.7		7.5	8.1
A. Net Claims on Central Government					2,858,425	2,935,612	3,477,371	3,637,566		160,195		618,946	701,954		4.6		21.7	23.9
	Claims on Central Government				4,856,177	4,919,461	5,722,503	5,754,364		31,862		866,326	834,904		0.6		17.8	17.0
	Less: Liabilities to central government				1,997,752	1,983,848	2,245,132	2,116,799		-128,333		247,380	132,950		-5.7		12.4	6.7
B. Claims on Other Sectors					10,597,207	10,663,412	10,981,666	11,062,401		80,736		384,459	398,990		0.7		3.6	3.7
	Claims on other financial corporations				1,090,376	1,115,047	1,182,989	1,200,383		17,393		92,613	85,336		1.5		8.5	7.7
	Claims on state and local government				100,688	100,639	118,462	121,185		2,722		17,775	20,546		2.3		17.7	20.4
	Claims on public nonfinancial corporations				232,235	241,279	266,737	261,636		-5,102		34,502	20,357		-1.9		14.9	8.4
	Claims on private sector				9,173,908	9,206,447	9,413,476	9,479,198		65,722		239,568	272,751		0.7		2.6	3.0
3. LIQUIDITY AGGREGATES
	M4 (M3 + 3.e)				15,597,579	15,718,453	16,814,279	16,989,809		175,530		1,216,700	1,271,356		1.0		7.8	8.1
	M3 (M2 + 3.d) **				13,531,341	13,676,768	14,647,747	14,809,293		161,546		1,116,406	1,132,525		1.1		8.3	8.3
	M2 (M1 + 3.c)				12,860,996	13,024,235	14,042,188	14,233,128		190,939		1,181,192	1,208,893		1.4		9.2	9.3
	M1 (3.a + 3.b)				5,063,945	5,157,729	5,807,117	5,893,551		86,434		743,172	735,822		1.5		14.7	14.3
3.a  Currency outside depository corporations					1,543,838	1,588,310	1,711,522	1,740,370		28,848		167,684	152,060		1.7		10.9	9.6
3.b  Transferable deposits included in broad money					3,520,107	3,569,419	4,095,595	4,153,180		57,586		575,488	583,761		1.4		16.3	16.4
3.c  Other deposits included in broad money					7,797,051	7,866,505	8,235,071	8,339,577		104,505		438,020	473,071		1.3		5.6	6.0
	Savings deposits				5,413,135	5,531,589	6,057,369	6,125,927		68,559		644,234	594,338		1.1		11.9	10.7
	Time deposits				2,383,916	2,334,916	2,177,703	2,213,650		35,947		-206,214	-121,266		1.7		-8.7	-5.2
3.d  Securities other than shares included in broad money					670,345	652,533	605,559	576,165		-29,393		-64,787	-76,368		-4.9		-9.7	-11.7
3.e  Transferable and other deposits in foreign currency (FCDs-Residents)					2,066,238	2,041,686	2,166,532	2,180,516		13,984		100,294	138,831		0.6		4.9	6.8
4. LIABILITIES EXCLUDED FROM BROAD MONEY					3,753,213	3,750,228	4,053,135	4,094,933		41,798		299,922	344,706		1.0		8.0	9.2
* Based on the Standardized Report Forms (SRFs), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF).
p Preliminary
r Revised
a Based on revised Central Bank Survey
** M3 may also be derived as Net Foreign Assets + Domestic Claims, net of Liabilities excluded from broad money and transferable and other deposits in foreign currency (FCDs-Residents)