2012
19 January
The Monetary Board decided to reduce key policy interest rates by 25 basis points to 4.25 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.25 percent for the overnight lending or repurchase (RP) facility.
2011
20 October, 1 December
The Monetary Board decided to maintain the overnight policy rates. The interest rates on term RRPs, RPs, and special deposit accounts (SDAs) were also maintained accordingly. The reserve requirement ratios were also kept steady.
08 September
The Monetary Board decided to keep the overnight policy rates steady. At the same time, the reserve requirement ratios were kept unchanged.
28 July
The Monetary Board decided to maintain the BSP's key policy interest rates. At the same time, the Board increased anew the reserve requirement on deposits and deposit substitutes of all banks and non-banks with quasi-banking functions by one percentage point effective on 5 August 2011.
16 June
The Monetary Board decided to keep policy rates steady. At the same time, the Board decided to raise the reserve requirement on deposits and deposit substitutes of all banks and non-banks with quasi-banking functions by one percentage point effective on Friday, 24 June 2011.
05 May
The Monetary Board decided to increase by another 25 basis points the BSP’s key policy interest rates to 4.5 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.5 percent for the overnight lending or repurchase (RP) facility. The interest rates on term RRPs, RPs, and special deposit accounts (SDAs) were also raised accordingly.
24 March
The Monetary Board decided to increase by 25 basis points the BSP’s key policy interest rates to 4.25 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.25 percent for the overnight lending or repurchase (RP) facility. The interest rates on term RRPs, RPs, and special deposit accounts (SDAs) were also raised accordingly.
10 February
The Monetary Board decided to keep the BSP’s key policy interest rates steady at 4 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6 percent for the overnight lending or repurchase (RP) facility. The interest rates on term RRPs, RPs, and special deposit accounts (SDAs) were also left unchanged.
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