Philippines
Market Watch
| Close of October 22, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 7.154 | ▲ 1.0 | ▲ 9.9 | ▲ 178.2 |
| 5 Year | 7.836 | ▲ 8.8 | ▲ 15.7 | ▲ 204.8 |
| 10 Year | 8.036 | ▲ 3.8 | ▲ 1.9 | ▲ 196.3 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 63.521 | ▼ 0.3 | ▼ 0.7 | ▼ 7.8 |
| PHP per JPY | 0.405 | ▼ 1.1 | ▼ 1.5 | ▼ 7.7 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.998 | ▼ 1.9 | ▼ 0.0 | ▲ 52.8 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (27-Aug-2026) |
Previous Rate (18-Jun-2026) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
5.000 | ▲ 25.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
5.500 | ▲ 25.0 | ◆ 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 | 2025-08-21 | |
| RAM | BBB2 | stable | 2019-11-27 | |
| Non-Regional Rating Institutions | ||||
| Fitch | BBB | stable | 2025-04-29 | |
| S&P | BBB+ | positive | 2025-11-27 | |
NEWS HIGHLIGHTS
- Peso falls to historic low of ?63.52 despite surprise BSP rate hike
- Monetary Board raises Target RRP Rate by 50 basis points
- Cash remittances reach US$3.03B in August 2026
- Peso sinks as euro zone woes, inflation fears dent sentiment
- Yields on short-term securities end higher before inflation data
Read full index for News and Commentary
BOND ISSUANCES