The Bangko Sentral ng Pilipinas updates the public that the applicable rediscount rate for the month of July 2021 on loans under the Peso Rediscount Facility (PRF) remains at 2.50 percent, regardless of maturity (i.e., 1 to 180 days). Meanwhile, rediscount rates on loans under the Exporters’ Dollar and Yen Rediscount Facility (EDYRF) are set at 2.14575 percent for United States Dollar (USD) and 1.92250 percent for Japanese Yen, regardless of maturity (i.e., 1 to 360 days).
Under the Peso Rediscount1 Facility, the sole availment2 covering the period 01 January to 30 June 2021 amounted to ₽4 million which represents the rediscount by a bank, under Production Credits, of a loan that financed industrial processing. There are no availments under the EDYRF for the same period.3
Source: Bangko Sentral ng Pilipinas (BSP)