Philippines
Market Watch
| Close of March 27, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.757 | ▼ 1.5 | ▼ 1.3 | ▼ 28.8 |
| 5 Year | 5.921 | ▼ 2.5 | ▼ 4.1 | ▼ 17.8 |
| 10 Year | 6.233 | ▼ 2.2 | ▼ 2.5 | ▲ 5.6 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 57.400 | ▲ 0.5 | ▼ 0.3 | ▲ 1.0 |
| PHP per JPY | 0.380 | ▲ 0.8 | ▲ 1.2 | ▼ 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 PHIREF | 5.658 | ◆ 0.0 | ◆ 0.0 | ◆ 0.0 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (13-Feb-2025) |
Previous Rate (19-Dec-2024) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.750 | ◆ 0.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
6.250 | ◆ 0.0 | ◆ 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 | 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
- BPI starts offering of 5-, 10-year dollar bonds
- PHL financial system remains resilient but faces ‘moderate’ risks
- International Merchandise Trade Statistics of the Philippines February 2025 (Preliminary)
- Philippine bond market contracts in Q4
- Gov’t sets P735-billion local borrowing in Q2
Read full index for News and Commentary
BOND ISSUANCES