Philippines
Market Watch
| Close of April 13, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.764 | ▲ 1.7 | ▼ 19.6 | ▲ 39.1 |
| 5 Year | 6.414 | ▲ 3.0 | ▼ 15.6 | ▲ 62.6 |
| 10 Year | 6.736 | ▲ 13.8 | ▼ 3.1 | ▲ 66.3 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 60.160 | ▼ 0.3 | ▼ 0.2 | ▼ 2.1 |
| PHP per JPY | 0.377 | ▼ 0.2 | ▼ 0.4 | ▼ 0.3 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.241 | ▼ 0.2 | ▼ 0.2 | ▼ 22.9 |
|
* Interest rate changes are expressed in basis point change. |
||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (19-Feb-2026) |
Previous Rate (11-Dec-2025) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
4.250 | ▼ 25.0 | ▼ 25.0 | |
| BSP Overnight Lending (Repo) Rate |
4.750 | ▼ 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 | 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
- Metrobank raises record ₱35 billion from oversubscribed ASEAN bond offering
- Peso sinks back to P60:$1 level as US-Iran peace talks collapse
- Philippines lags ASEAN neighbors in FDI Confidence Index
- Treasury bills fetch lower rates, mixed demand
- Deutsche Bank flags spillover risks as March inflation accelerates beyond expectations
Read full index for News and Commentary
BOND ISSUANCES