Key data points
Last release
—
Observation period
Oct 2024
Next release
—
Forecast
—
Highest
45.00% on Nov 30, 1993
Lowest
2.50% on Apr 30, 2022
About Philippines Central Bank Lending 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.