The rates for the EDYRF are based on 90-day London Inter-Bank Offered Rate (LIBOR) as of 29 March 2019 plus 200 basis points plus term premia. The applicable LIBOR rates were furnished by the Financial Market Operations Sub-Sector in an e-mail dated 01 April 2019.
Under the Peso Rediscount Facility, total availments covering the period of 01 January 2019 to 31 March 2019 amounted to ?52,301 million, majority of which or 56.03 percent are classified as Other Credits. Specifically, these were bank loans for Capital Asset Expenditures (38.44 percent), Loans to Other Services (9.64 percent) and Permanent Working Capital (7.95 percent). The remaining portions are classified as Commercial Credits at 43.97 percent particularly bank loans for Importation (34.66 percent) and Trading (9.31 percent) of goods.
There was no availment under the EDYRF for the period ending 31 March 2019.
Source: Bangko Sentral ng Pilipinas (BSP)