The Bangko Sentral ng Pilipinas (BSP) announces the updated applicable interest rates for the BSP Discount Window Facility (DWF), effective 10 June 2025. These rates apply to short-term loans granted by the BSP to eligible financial institutions under the DWF and are as follows:
a. Peso Loans
| Loan Maturity | Interest Rate (%) |
|---|---|
| 1 – 90 days | 6.6442 |
| 91 – 180 days | 6.7884 |
The peso DWF interest rates are anchored to the BSP Overnight Lending Rate.
b. United States (US) Dollar Loans
| Loan Maturity | Interest Rate (%) |
|---|---|
| 1 – 90 days | 6.81765 |
| 91 – 180 days | 6.81765 |
| 181 – 360 days | 6.81765 |
The US dollar DWF rates are based on applicable benchmark interest rates.
c. Japanese Yen Loans
| Loan Maturity | Interest Rate (%) |
|---|---|
| 1 – 90 days | 2.59250 |
| 91 – 180 days | 2.63435 |
| 181 – 360 days | 2.71275 |
The Japanese yen DWF rates are similarly based on relevant benchmark rates.
The BSP underscores that the applicable spreads on DWF interest rates may be adjusted periodically. Such adjustments are intended to align with the BSP’s monetary policy objectives and to reflect prevailing market interest rate trends.
