Philippines
Market Watch
| Close of December 19, 2024 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.979 | ▲ 5.9 | ▲ 5.4 | ▲ 6.5 |
| 5 Year | 6.002 | ▲ 8.7 | ▲ 11.1 | ▲ 6.3 |
| 10 Year | 5.999 | ▲ 5.7 | ▲ 5.8 | ▼ 0.3 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 58.999 | ▲ 0.0 | ▼ 1.3 | ▼ 6.5 |
| PHP per JPY | 0.375 | ▲ 1.7 | ▲ 1.8 | ▲ 4.6 |
|
* 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-Dec-2024) |
Previous Rate (16-Oct-2024) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.750 | ▼ 25.0 | ▼ 75.0 | |
| BSP Overnight Lending (Repo) Rate |
6.250 | ▼ 25.0 | ▼ 75.0 | |
|
* 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
- Consumers’ sentiment improves—BSP
- FLI gets top PRS Aaa rating for P12-billion bond issue
- Philippines May Open 2025 With Rate Cut, Central Banker Says
- Gov’t initiatives seen to boost Islamic finance
- PHL growth to pick up modestly as inflation risks linger, IMF says
Read full index for News and Commentary
BOND ISSUANCES