Philippines
Market Watch
| Close of May 22, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.936 | ▲ 2.5 | ▲ 16.5 | ▲ 156.4 |
| 5 Year | 7.454 | ▲ 1.2 | ▲ 1.1 | ▲ 166.6 |
| 10 Year | 7.746 | ▼ 4.1 | ▲ 13.1 | ▲ 167.4 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 61.695 | ▼ 0.2 | ▲ 0.0 | ▼ 4.7 |
| PHP per JPY | 0.388 | ▼ 0.0 | ▲ 0.3 | ▼ 3.0 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.489 | ▲ 0.2 | ▲ 0.5 | ▲ 1.9 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (23-Apr-2026) |
Previous Rate (26-Mar-2025) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
4.500 | ▲ 25.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
5.000 | ▲ 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
- ADB likely to cut PHL growth outlook anew
- Peso strengthens as markets stay hopeful on US-Iran deal
- Philippines’ BSP Flags Bold Rate Move to Stay Ahead of Inflation
- Philippines to Sell Up to 30B Pesos Treasury Bond Due July 2030
- IIF warns war, corruption slowing Philippine growth
Read full index for News and Commentary
BOND ISSUANCES