Philippines
Market Watch
| Close of June 15, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.543 | ▼ 22.5 | ▼ 29.5 | ▲ 117.1 |
| 5 Year | 6.811 | ▼ 47.6 | ▼ 58.1 | ▲ 102.4 |
| 10 Year | 6.882 | ▼ 61.1 | ▼ 65.0 | ▲ 81.0 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 60.470 | ▲ 0.5 | ▲ 2.0 | ▼ 2.6 |
| PHP per JPY | 0.377 | ▲ 0.6 | ▲ 2.1 | ▼ 0.3 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.495 | ▲ 0.7 | ▲ 0.8 | ▲ 2.5 |
|
* Interest rate changes are expressed in basis point change. |
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Policy Rates
| Change From | ||||
|---|---|---|---|---|
| Policy Rates | Latest Rate (23-Apr-2026) |
Previous Rate (26-Mar-2025) |
YTD Rate |
|
| BSP Overnight Borrowing (Reverse Repo) Rate |
4.500 | ▲ 25.0 | ◆ 0.0 | |
| BSP Overnight Lending (Repo) Rate |
5.000 | ▲ 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
- Philippines bond market grows 2.8% in three months
- Non-residents continue to invest in the country, YTD foreign direct investment (FDI) level at US$1.7B
- Yields on Treasury bills rise as Middle East conflict escalates
- Philippine unemployment rate falls to 4.7% in April
- Bangko Sentral ng Pilipinas Discount Window Facility interest rates effective 09 June 2026
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BOND ISSUANCES