Lending Rate in Philippines increased to 5 percent in November from 4.25 percent in October of 2022. source: Bangko Sentral ng Pilipinas

Lending Rate in Philippines averaged 9.43 percent from 1986 until 2022, reaching an all time high of 45.00 percent in August of 1993 and a record low of 2.50 percent in November of 2020. This page provides - Philippines Overnight Lending Facility Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Overnight Lending Facility Rate - values, historical data and charts - was last updated on November of 2022.

Lending Rate in Philippines is expected to be 5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Overnight Lending Facility Rate is projected to trend around 6.00 percent in 2023 and 5.50 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Philippines Overnight Lending Facility Rate



Related Last Previous Unit Reference
Interest Rate 5.00 4.25 percent Nov 2022
Interbank Rate 4.97 4.97 percent Nov 2022
Money Supply M1 6308297.48 6312455.50 PHP Million Sep 2022
Money Supply M0 1821052.58 1789138.27 PHP Million Sep 2022
Money Supply M2 14861868.24 14898011.78 PHP Million Sep 2022
Money Supply M3 15353202.55 15423256.53 PHP Million Sep 2022
Foreign Exchange Reserves 94100.00 93000.00 USD Million Oct 2022
Deposit Interest Rate 4.50 3.75 percent Nov 2022
Lending Rate 5.00 4.25 percent Nov 2022
Cash Reserve Ratio 12.00 12.00 percent Oct 2022
Loans to Private Sector 9205760.51 9076933.51 PHP Million Sep 2022
Loans To Banks 331071.16 306468.17 PHP Million Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 4.25 45.00 2.50 1986 - 2022 percent Monthly
NSA