Philippines
Market Watch
| Close of March 28, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.748 | ▼ 1.0 | ▼ 3.0 | ▼ 29.8 |
| 5 Year | 5.900 | ▼ 2.1 | ▼ 6.3 | ▼ 19.8 |
| 10 Year | 6.219 | ▼ 1.4 | ▼ 2.4 | ▲ 4.3 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 57.377 | ▲ 0.0 | ▼ 0.1 | ▲ 1.0 |
| PHP per JPY | 0.383 | ▼ 0.8 | ▲ 0.3 | ▼ 3.8 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON PHIREF | 5.658 | ◆ 0.0 | ◆ 0.0 | ◆ 0.0 |
|
* Interest rate changes are expressed in basis point change. |
||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (13-Feb-2025) |
Previous Rate (19-Dec-2024) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.750 | ◆ 0.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
6.250 | ◆ 0.0 | ◆ 0.0 | |
|
* Policy rate changes are expressed in basis point change. |
||||
Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | A- | stable | 2024-08-14 | |
| RAM | BBB2 | stable | 2019-11-27 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB | stable | 2023-05-22 | |
| S&P | BBB+ | stable | 2022-11-16 | |
NEWS HIGHLIGHTS
- Peso Rally to Fade on Philippine Balance of Payments Deficit
- T-bill, bond rates may end mixed before inflation data
- Yields on BSP bills drop
- Yields on government debt end mixed on dovish BSP bets, tariff uncertainty
- Inflation likely eased further in March
Read full index for News and Commentary
BOND ISSUANCES