Philippines
Market Watch
Close of November 20, 2024 |
Change From | |||
---|---|---|---|---|
Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 5.856 | ▲ 0.5 | ▲ 5.7 | ▼ 5.8 |
5 Year | 5.943 | ▼ 2.6 | ▲ 2.3 | ▲ 0.4 |
10 Year | 6.041 | ▼ 1.1 | ▲ 9.0 | ▲ 3.9 |
* Government bond yield changes are expressed in basis points. |
||||
Currencies | Latest Rate | Previous Day | Previous Week | YTD |
PHP per USD | 58.925 | ▼ 0.2 | ▼ 0.3 | ▼ 6.4 |
PHP per JPY | 0.379 | ▲ 0.3 | ▼ 0.3 | ▲ 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 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 (16-Oct-2024) |
Previous Rate (15-Aug-2024) |
YTD Rate |
|
BSP Overnight Borrowing (Reverse Repo) Rate |
6.000 | ▼ 25.0 | ▼ 50.0 | |
BSP Overnight Lending (Repo) Rate |
6.500 | ▼ 25.0 | ▼ 50.0 | |
* Policy rate changes are expressed in basis point change. |
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
- Rate Cut Hopes Will Power Philippine Stocks, Bourse Head Says
- Term deposit yields fall after BSP rate-easing cues
- Inflationary pressures may prompt pause in December — Remolona
- Peso slides to over two-year low
- BSP may pause rate cuts if inflationary pressure persists
Read full index for News and Commentary
BOND ISSUANCES