Philippines
Market Watch
| Close of July 9, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.738 | ▲ 0.7 | ▲ 1.2 | ▼ 30.8 |
| 5 Year | 5.956 | ▲ 0.8 | ▲ 1.1 | ▼ 14.2 |
| 10 Year | 6.249 | ▲ 0.9 | ▲ 0.2 | ▲ 7.3 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 56.566 | ▼ 0.4 | ▼ 0.3 | ▲ 2.4 |
| PHP per JPY | 0.387 | ▼ 0.5 | ▲ 1.5 | ▼ 4.8 |
|
* Exchange rate changes are expressed as a percentage change. |
||||
| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON PHIREF | 5.658 | ◆ 0.0 | ◆ 0.0 | ◆ 0.0 |
|
* Interest rate changes are expressed in basis point change. |
||||
Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (19-Jun-2025) |
Previous Rate (10-Apr-2025) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.250 | ▼ 25.0 | ▼ 50.0 | |
| BSP Overnight Lending (Repo) Rate |
5.750 | ▼ 25.0 | ▼ 50.0 | |
|
* 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 | 2024-08-14 | |
| RAM | BBB2 | stable | 2019-11-27 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB | stable | 2023-05-22 | |
| S&P | BBB+ | stable | 2022-11-16 | |
NEWS HIGHLIGHTS
- HSBC sees peso at ?55 by year-end amid possible BSP rate cut to support services
- FDI posts US$610M net inflows in April; YTD level at US$2.4B
- NCR wage hike unlikely to stoke prices
- Trump raises tariff rate on Philippines to 20%
- Philippines is second best among emerging markets in investor relations, debt transparency—IIF
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BOND ISSUANCES