Philippines
Market Watch
| Close of May 14, 2026 |
Change From | |||
|---|---|---|---|---|
| Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
| 2 Year | 6.701 | ▼ 0.4 | ▲ 36.5 | ▲ 132.9 |
| 5 Year | 7.428 | ▲ 14.1 | ▲ 44.3 | ▲ 164.0 |
| 10 Year | 7.549 | ▲ 4.1 | ▲ 36.9 | ▲ 147.7 |
|
* Government bond yield changes are expressed in basis points. |
||||
| Currencies | Latest Rate | Previous Day | Previous Week | YTD |
| PHP per USD | 61.641 | ▼ 0.4 | ▼ 2.0 | ▼ 4.6 |
| PHP per JPY | 0.389 | ▼ 0.1 | ▼ 1.1 | ▼ 3.5 |
|
* Exchange rate changes are expressed as a percentage change. |
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| Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
| ON RRP | 4.501 | ▲ 1.0 | ▲ 1.4 | ▲ 3.1 |
|
* 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
- Q1 foreign investment pledges surge 52.3%
- Senate turmoil seen weighing on confidence as stagflation risks rise
- Political noise drags peso to new all-time low
- Remittance Growth Slows to Nearly Three-Year Low in Risk for Philippine Economy
- War Turmoil Saps Asian Reserves With Philippines, India Hit Most
Read full index for News and Commentary
BOND ISSUANCES