Philippines
Market Watch
| Close of September 21, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.677 | ▲ 4.1 | ▲ 8.1 | ▲ 130.5 |
| 5 Year | 7.374 | ▲ 3.0 | ▲ 4.8 | ▲ 158.6 |
| 10 Year | 7.568 | ▼ 0.7 | ▲ 4.6 | ▲ 149.6 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 62.805 | ▼ 0.1 | ▲ 0.1 | ▼ 6.5 |
| PHP per JPY | 0.399 | ▲ 0.2 | ▲ 2.0 | ▼ 6.1 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 5.010 | ▲ 0.6 | ▲ 1.0 | ▲ 54.0 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (18-Jun-2026) |
Previous Rate (23-Apr-2026) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
4.750 | ▲ 25.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
5.250 | ▲ 25.0 | ◆ 0.0 | |
|
* Policy rate changes are expressed in basis point change. |
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Sovereign Ratings
| Agency | Rating | Outlook | Date | |
|---|---|---|---|---|
| Regional Rating Institutions | ||||
| R&I | A- | stable | 2025-08-21 | |
| RAM | BBB2 | stable | 2019-11-27 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB | stable | 2025-04-29 | |
| S&P | BBB+ | positive | 2025-11-27 | |
NEWS HIGHLIGHTS
- BTr partially awards bonds as yields jump on oil price woes
- Peso sinks to record P62.86, puts P63:$1 within striking distance
- Big-bank lending picks up in July as business demand offsets weak household borrowing
- Domestic liquidity grows by 10.3% in July
- Statement of BSP Governor Eli M. Remolona, Jr. on JCR's affirmation of PH's A- credit rating, stable outlook
Read full index for News and Commentary
BOND ISSUANCES