Philippines
Market Watch
Close of May 15, 2025 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 5.768 | ▲ 0.4 | ▼ 0.4 | ▼ 27.8 |
5 Year | 5.902 | ▲ 1.9 | ▲ 2.0 | ▼ 19.6 |
10 Year | 6.211 | ▲ 0.9 | ▲ 5.8 | ▲ 3.4 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
PHP per USD | 55.750 | ▲ 0.2 | ▼ 0.2 | ▲ 3.8 |
PHP per JPY | 0.383 | ▼ 0.5 | ▼ 0.4 | ▼ 3.8 |
* Exchange rate changes are expressed as a percentage change. |
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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 (10-Apr-2025) |
Previous Rate (13-Feb-2025) |
YTD Rate |
|
BSP Overnight Borrowing (Reverse Repo) Rate |
5.500 | ▼ 25.0 | ▼ 25.0 | |
BSP Overnight Lending (Repo) Rate |
6.000 | ▼ 25.0 | ▼ 25.0 | |
* 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
- Philippine Bonds Ripe for Rally as More Rate Cuts Look Likely
- Softer inflation to lift Philippine GDP through 2027, but growth may stay at target's low end—BSP
- Personal remittances rise by 2.6% YoY to US$3.1 billion in March 2025; cumulative total reaches US$9.4 billion
- Highlights of the Meeting of the Monetary Board on the Monetary Policy Stance held on 10 April 2025
- GBonds feature launch eyed for second half
Read full index for News and Commentary
BOND ISSUANCES