Philippines
Market Watch
| Close of October 6, 2025 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 5.582 | ▲ 0.6 | ▲ 2.4 | ▼ 46.3 |
| 5 Year | 5.881 | ▲ 2.0 | ▲ 2.7 | ▼ 21.7 |
| 10 Year | 6.019 | ▼ 0.3 | ▼ 1.7 | ▼ 15.7 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 58.350 | ▼ 0.8 | ▼ 0.4 | ▼ 0.6 |
| PHP per JPY | 0.388 | ▲ 1.1 | ▲ 0.8 | ▼ 5.2 |
|
* 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 (28-Aug-2025) |
Previous Rate (19-Jun-2025) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.000 | ▼ 25.0 | ▼ 75.0 | |
| BSP Overnight Lending (Repo) Rate |
5.500 | ▼ 25.0 | ▼ 75.0 | |
|
* Policy rate changes are expressed in basis point change. |
||||
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 | 2024-11-26 | |
NEWS HIGHLIGHTS
- PHL eyes 10% foreign participation in bond market
- Benign inflation gives BSP policy room to support growth — Nomura
- Peso plunges to 8-month low on Japan policy bets
- T-bill yields correct higher before inflation data
- Production Index and Net Sales Index (Monthly Integrated Survey of Selected Industries) August 2025 (2018=100)
Read full index for News and Commentary
BOND ISSUANCES