Philippines
Market Watch
| Close of May 6, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.305 | ▲ 9.2 | ▲ 35.1 | ▲ 93.3 |
| 5 Year | 7.286 | ▲ 14.4 | ▲ 56.2 | ▲ 149.9 |
| 10 Year | 7.505 | ▲ 18.1 | ▲ 66.2 | ▲ 143.2 |
|
* Government bond yield changes are expressed in basis points. |
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| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 61.336 | ▲ 0.4 | ▲ 0.4 | ▼ 4.0 |
| PHP per JPY | 0.392 | ▼ 0.6 | ▼ 2.1 | ▼ 4.3 |
|
* 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 | ▼ 0.7 | ▲ 0.9 | ▲ 1.9 |
|
* Interest rate changes are expressed in basis point change. |
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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. |
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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
- Factory output rebounds in March despite war-driven shocks
- Philippine jobless rate jumps to 5% in March
- PBCom to redeem P7.7B in corporate bonds
- Bond yields surge on CPI data
- BSP warned off-cycle policy meeting risks rattling markets
Read full index for News and Commentary
BOND ISSUANCES