Philippines
Market Watch
Close of May 7, 2025 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 5.772 | ▼ 0.7 | ▲ 1.4 | ▼ 27.4 |
5 Year | 5.901 | ▼ 2.8 | ▼ 0.5 | ▼ 19.7 |
10 Year | 6.180 | ▼ 9.0 | ▼ 8.2 | ▲ 0.3 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
PHP per USD | 55.407 | ▲ 0.4 | ▲ 0.8 | ▲ 4.4 |
PHP per JPY | 0.385 | ▲ 1.3 | ▲ 1.3 | ▼ 4.4 |
* Exchange rate changes are expressed as a percentage change. |
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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 (10-Apr-2025) |
Previous Rate (13-Feb-2025) |
YTD Rate |
|
BSP Overnight Borrowing (Reverse Repo) Rate |
5.500 | ▼ 25.0 | ▼ 25.0 | |
BSP Overnight Lending (Repo) Rate |
6.000 | ▼ 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 | 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
- BSP set to ease policy further but may stay cautious as Trump jitters linger
- GDP Expands by 5.4 Percent in the First Quarter of 2025
- Philippines GDP Growth of 5.4% Misses, Even Before Tariff Impact
- Yields on term deposits drop on BSP cut hopes
- Philippines’ dollar reserves dip further amid debt payment, expenditures
Read full index for News and Commentary
BOND ISSUANCES