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PHILIPPINES: |
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INTERNATIONAL RESERVES AND FOREIGN CURRENCY
LIQUIDITY |
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28 February 2025 |
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In Million U.S. Dollars |
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I. |
Official reserve assets and other foreign
currency assets (approximate market value) |
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A.
Official reserve assets |
107,395.14 |
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(1) Foreign currency reserves (in convertible
foreign currencies) |
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81,466.75 |
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(a)
Securities * |
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77,122.67 |
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of which: issuer
headquartered in reporting country but located abroad |
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(b)
Total currency and deposits |
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4,344.08 |
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(i) other national central
banks, BIS and IMF |
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391.57 |
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(ii)
banks headquartered in the reporting country |
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- |
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of
which: located abroad |
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(iii)
banks headquartered outside the reporting country |
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3,952.51 |
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of
which: located in the reporting country |
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(2) IMF
reserve position |
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670.17 |
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(3)
SDRs |
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3,752.55 |
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(4)
Gold (including gold deposits and, if appropriate, gold swapped) |
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12,049.89 |
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- volume in million fine troy ounces |
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4.20 |
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(5)
Other reserve assets (specify) |
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9,455.78 |
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- financial derivatives |
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- loans to nonbank nonresidents |
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- others |
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9,455.78 |
a |
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B. Other foreign currency assets (specify) |
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5,841.02 |
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- securities not included in official reserve
assets |
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5,840.48 |
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- deposits not included in official reserve
assets |
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0.54 |
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- loans not included in official reserve
assets |
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- financial derivatives not included in
official reserve assets |
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- gold not included in official reserve assets |
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- others |
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a/ |
Includes
accrued interest receivables, financial securities purchased under agreements
to resell, and placements in the BIS Investment Pools (BISIPs) and the Asian
Bond Fund. |
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* |
Includes Held-to-Maturity Securities which
are valued at amortized cost. |
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II. |
Predetermined short-term net drains on foreign
currency assets (nominal value) |
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Maturity breakdown (residual maturity) |
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Total |
Up to 1 month |
More than 1 month and up to 3 months |
More than 3 months and up to 1 year |
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1. |
Foreign currency loans, securities, and
deposits |
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-12,684.79 |
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-5,018.45 |
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-3,717.22 |
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-3,949.12 |
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-outflows
(-) |
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Principal |
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-8,683.78 |
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-4,674.29 |
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-3,058.23 |
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-951.26 |
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Interest |
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-4,001.01 |
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-344.16 |
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-658.99 |
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-2,997.86 |
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-inflows
(+) |
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Principal |
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Interest |
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2. |
Aggregate short and long positions in forwards and futures in
foreign currencies vis-à-vis the domestic currency (including the forward leg
of currency swaps) |
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0.00 |
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0.00 |
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0.00 |
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0.00 |
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(a)
Short positions (-) |
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0.00 |
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0.00 |
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0.00 |
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0.00 |
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(b)
Long positions (+) |
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0.00 |
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0.00 |
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0.00 |
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0.00 |
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3. |
Others (specify) |
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-
outflows related to repos (-) |
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-
inflows related to reverse repos (+) |
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- trade
credit (-) |
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- trade
credit (+) |
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- other
accounts payable (-) |
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- other
accounts receivable (+) |
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III. |
Contingent short-term net drains on foreign
currency assets (nominal value) |
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Maturity breakdown (residual
maturity, where applicable) |
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Total |
Up to 1 month |
More than 1 month and up to 3 months |
More than 3 months and up to 1 year |
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1. |
Contingent liabilities in foreign currency |
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(a) |
Collateral guarantees on debt falling due
within 1 year |
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(b) |
Other
contingent liabilities |
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-298.24 |
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-29.47 |
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-26.41 |
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-242.36 |
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Principal |
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-244.96 |
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-25.90 |
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-8.89 |
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-210.17 |
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Interest |
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-53.28 |
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-3.57 |
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-17.52 |
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-32.19 |
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2. |
Foreign currency securities
issued with embedded options (puttable bonds) |
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3. |
Undrawn, unconditional credit lines provided
by: |
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(a) |
other national monetary authorities, BIS,
IMF, and other international organizations |
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- other
national monetary authorities (+) |
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- BIS (+) |
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- IMF (+) |
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- other international organizations (+) |
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(b) |
with banks and other
financial institutions headquartered in the reporting country (+) |
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(c) |
with banks and other
financial institutions headquartered outside the reporting country (+) |
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4. |
Undrawn, unconditional credit lines provided
to: |
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(a) |
other national monetary
authorities, BIS, IMF, and other international organizations |
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- other national monetary authorities (-) |
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- BIS (-) |
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- IMF (-) |
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- other international organizations (+) |
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(b) |
banks and other financial
institutions headquartered in the reporting country (-) |
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(c) |
banks and other financial
institutions headquartered outside the reporting country (-) |
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5. |
Aggregate short and long
positions of options in foreign currencies vis-à-vis the domestic currency |
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(a) |
Short
positions |
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(i) |
Bought
puts |
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(ii) |
Written
calls |
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(b) |
Long
positions |
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(i) |
Bought
calls |
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(ii) |
Written
puts |
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PRO MEMORIA: In-the-money options |
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(1) |
At current exchange rates |
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(a) |
Short position |
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(b) |
Long
position |
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(2) |
+ 5% (depreciation of 5%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(3) |
- 5% (appreciation of 5%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(4) |
+ 10% (depreciation of 10%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(5) |
- 10% (appreciation of 10%) |
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(a) |
Short
position |
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(b) |
Long
position |
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(6) |
Others (specify) |
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(a) |
Short
position |
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(b) |
Long
position |
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IV. |
Memo items |
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(1) |
To be reported with standard periodicity and
timeliness: |
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(a) |
short-term domestic currency debt indexed to
the exchange rate |
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(b) |
financial instruments denominated in foreign currency and
settled by other means (e.g., in domestic currency) |
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-
derivatives (forwards, futures, or options contracts) |
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- short positions |
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- long positions |
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-
other instruments |
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(c) |
pledged
assets |
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-
included in reserve assets |
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-
included in other foreign currency assets |
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(d) |
securities lent and on repo |
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-34,212.22 |
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- lent
or repoed and included in Section I |
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-34,212.22 |
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- lent
or repoed but not included in Section I |
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-
borrowed or acquired and included in Section I |
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-
borrowed or acquired but not included in Section I |
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(e) |
financial derivative assets (net, marked to
market) |
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-
forwards |
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-
futures |
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- swaps |
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-
options |
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-
others |
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(f) |
derivatives (forward,
futures, or options contracts) that have a residual maturity greater than one
year, which are subject to margin calls |
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- aggregate short and long positions in
forwards and futures in foreign currencies vis-à-vis the domestic currency (including the forward
leg of currency swaps) |
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(a) |
short positions (-) |
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(b) |
long positions (+) |
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|
-aggregate short and long
positions of options in foreign currencies vis-à-vis the domestic currency |
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(a) |
short positions |
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(i) |
bought puts |
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(ii) |
written calls |
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(b) |
long positions |
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(i) |
bought calls |
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(ii) |
written puts |
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(2) |
To be disclosed at least once a year: |
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(a) |
currency composition of reserves (by groups
of currencies) |
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- |
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-
currencies in SDR basket |
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- |
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-
currencies not in SDR basket |
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- |
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- by
individual currencies (optional) |
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