Philippines Manila Reference, Rediscount and Lending Rate
Philippines Interest Rate: BSP Rediscount Rates
Interest Rate: BSP Rediscount Rates data was reported at 5.288 % pa in Nov 2018. This records an increase from the previous number of 5.125 % pa for Oct 2018. Interest Rate: BSP Rediscount Rates data is updated monthly, averaging 5.917 % pa from Jan 1991 (Median) to Nov 2018, with 326 observations. The data reached an all-time high of 18.286 % pa in Feb 1998 and a record low of 3.060 % pa in Dec 2016. Interest Rate: BSP Rediscount Rates data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M004: Manila Reference, Rediscount and Lending Rate. Refers to the rate charged on eligible papers which banks rediscount with the BSP. It is computed monthly as one percent below the 91-day Treasury bill rate for the preceding month.
| Last | Frequency | Range |
|---|---|---|
| 3.75 May 2018 | monthly | Jan 1991 - May 2018 |
View Philippines's Philippines Interest Rate: BSP Rediscount Rates from Jan 1991 to May 2018 in the chart:
Philippines Lending Rate: High
Lending Rate: High data was reported at 7.554 % pa in Oct 2018. This records an increase from the previous number of 7.136 % pa for Sep 2018. Lending Rate: High data is updated monthly, averaging 9.073 % pa from Sep 1997 (Median) to Oct 2018, with 254 observations. The data reached an all-time high of 28.220 % pa in Oct 1997 and a record low of 6.382 % pa in Jun 2017. Lending Rate: High data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M004: Manila Reference, Rediscount and Lending Rate.
| Last | Frequency | Range |
|---|---|---|
| 6.99 Jun 2018 | monthly | Sep 1997 - Jun 2018 |
View Philippines's Philippines Lending Rate: High from Sep 1997 to Jun 2018 in the chart:
Philippines Lending Rate: Low
Lending Rate: Low data was reported at 5.049 % pa in Oct 2018. This records an increase from the previous number of 4.725 % pa for Sep 2018. Lending Rate: Low data is updated monthly, averaging 7.188 % pa from Sep 1997 (Median) to Oct 2018, with 254 observations. The data reached an all-time high of 25.170 % pa in Oct 1997 and a record low of 4.059 % pa in Oct 2017. Lending Rate: Low data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M004: Manila Reference, Rediscount and Lending Rate. Refers to the prime-lending rate.
| Last | Frequency | Range |
|---|---|---|
| 4.40 Jun 2018 | monthly | Sep 1997 - Jun 2018 |