The BSP announced today the applicable Peso Rediscount Facility and Exporters Dollar and Yen Rediscount Facility (EDYRF) rates for the month of February 2017 and loan availments as of end-January 2017.

The Peso Rediscount Facility rates for Rediscounting Windows (RWs) I and II are as follows:

Loan Maturity

Rate (%)

RW I

RW II

90 days

3.5625

3.0000

180 days

3.6250

3.0625

360 days

n/a

3.1250

The Peso rediscount rates for RW I and II are based on the latest available BSP overnight lending rate and overnight reverse repurchase rate, respectively, plus term premia for longer maturities per Circular No. 916 dated 08 July 2016.

The following are the rates for the month of February for loans under the EDYRF:

Loan

Maturity

Rate (%)

Dollar

Yen

1-90 days

3.03456

1.99043

91-180 days

3.09706

2.05293

181-360 days

3.15956

2.11543

The EDYRF rates are based on the respective 90-day London Inter-Bank Offered Rate as of 31 January 2017 plus 200 basis points plus term premia for longer maturities pursuant to Circular No. 807 dated 15 August 2013.

There was no availment under the Peso Rediscount Facility and EDYRF for the month of January 2017.

Source: Bangko Sentral ng Pilipinas (BSP)