The applicable rates for the Peso Rediscount Facility and the Exporters Dollar and Yen Rediscount Facility (EDYRF) for the month of February 2019 until the next policy rates revision are as follows:
a. Peso Rediscount Facility Rates
The Peso rediscount rates are based on the latest available BSP overnight lending rate plus term premia. On the other hand, EDYRF rates are based on the 90-day London Inter-Bank Offered Rate as of 31 January 2019 plus 200 basis points plus term premia.
Under the Peso Rediscount Facility, total availments covering the period of 01 to 31 January 2019 amounted to ?14,462 million, majority of which or 56.93 percent are classified as Commercial Credits. Specifically, these were distributed to Import Loans (51.60 percent) and Trading Loans (5.33 percent). The remaining portions are classified as Other Credits at 43.07 percent particularly to Capital Asset Expenditures (41.96 percent) and Other Services (1.11 percent).
There was no availment under the EDYRF for the period ending 31 January 2019.
Source: Bangko Sentral ng Pilipinas (BSP)