Philippines
Market Watch
| Close of July 31, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.702 | ▲ 1.3 | ▼ 2.2 | ▲ 132.9 |
| 5 Year | 7.326 | ▼ 0.1 | ▼ 7.6 | ▲ 153.8 |
| 10 Year | 7.430 | ▼ 7.7 | ▼ 17.5 | ▲ 135.8 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 61.263 | ▲ 0.5 | ▲ 0.9 | ▼ 3.9 |
| PHP per JPY | 0.389 | ▼ 0.8 | ▼ 3.1 | ▼ 3.5 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.736 | ▼ 0.9 | ▼ 0.7 | ▲ 26.6 |
|
* 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
- BSP securities’ rate inches up
- Philippine Peso Finds a Line in the Sand as Record Low Holds
- Yields on short-term bills move sideways as war stokes volatility
- End-June 2026 GIR rise to US$104.7B; BOP posts US$3.4-B surplus in June 2026
- Philippines ranked first in investor relations and debt transparency
Read full index for News and Commentary
BOND ISSUANCES