Philippines Overnight Lending Facility Rate

Lending Rate in Philippines decreased to 5 percent in May from 5.25 percent in April of 2019. Lending Rate in Philippines averaged 10.17 percent from 1986 until 2019, reaching an all time high of 45 percent in August of 1993 and a record low of 3.50 percent in June of 2016.

Lending Rate in Philippines is expected to be 5.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Philippines to stand at 5.25 in 12 months time. In the long-term, the Philippines Overnight Lending Facility Rate is projected to trend around 5.00 percent in 2020, according to our econometric models.

Philippines Overnight Lending Facility Rate

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Philippines Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	4.50	4.75	31.00	3.00	percent	[+]
Money Supply M0	1217026.00	1189001.87	1233502.92	1918.00	PHP Million	[+]
Money Supply M1	3948629.00	3808219.93	3948629.00	14600.00	PHP Million	[+]
Interbank Rate	4.97	4.97	102.63	0.00	percent	[+]
Money Supply M2	11064501.00	10796808.15	11065704.62	44456.00	PHP Million	[+]
Money Supply M3	11668580.00	11379651.19	11668580.00	56544.00	PHP Million	[+]
Foreign Exchange Reserves	85020.00	83960.00	86139.11	44.07	USD Million	[+]
Banks Balance Sheet	1214.60	1232.50	1248.90	459.52	PHP Billion	[+]
Deposit Interest Rate	4.00	4.25	4.25	2.50	percent	[+]
Lending Rate	5.00	5.25	45.00	3.50	percent	[+]
Loans To Banks	293737.00	248521.13	320071.10	132599.00	PHP Million	[+]
Loans To Private Sector	7416523.00	7212538.29	7416523.00	3584899.00	PHP Million	[+]
Cash Reserve Ratio	18.00	18.00	25.00	12.00	percent	[+]
Central Bank Balance Sheet	4851.29	4613.29	4851.29	479.78	PHP Billion	[+]

Philippines Overnight Lending Facility Rate

In Philippines, the standing overnight lending facility provides collateralized overnight funding to BSP counterparties to clear end-of-day imbalances. Interest rate for the O/N lending facility is the RRP rate plus 50 bps (0.50 percentage point). The interest rate for the O/N lending facility serves as a ceiling for the O/N interbank rate. This page provides - Philippines Overnight Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Overnight Lending Facility Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.