Philippines
Market Watch
| Close of October 8, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.906 | ▲ 3.8 | ▲ 15.7 | ▲ 153.4 |
| 5 Year | 7.634 | ▲ 4.8 | ▲ 21.2 | ▲ 184.6 |
| 10 Year | 8.112 | ▲ 12.6 | ▲ 50.2 | ▲ 203.9 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 62.892 | ▼ 0.2 | ▼ 0.1 | ▼ 6.7 |
| PHP per JPY | 0.398 | ▼ 0.3 | ▼ 0.3 | ▼ 5.9 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 5.014 | ◆ 0.0 | ▲ 1.9 | ▲ 54.4 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (27-Aug-2026) |
Previous Rate (18-Jun-2026) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.000 | ▲ 25.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
5.500 | ▲ 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
- Peso sinks as euro zone woes, inflation fears dent sentiment
- Yields on short-term securities end higher before inflation data
- El Niño to compound drag on Southeast Asian debt, analysts say
- Inflation may have surged to 3.5-year high of 7.4% in September as food, peso, oil pressures mount
- Philippines Starts Sale of Retail Bonds Amid Elevated Rates
Read full index for News and Commentary
BOND ISSUANCES