Revised PDST Calculation Guidelines and Rules for PDST Fixing BanksPosted on: January 21, 2015
Please be informed of the revised calculation methodology for the PDST R1 and R2, contained in the attached amended PDST Calculation Guidelines and Rules for PDST Fixing Banks provided by the Bankers Association of the Philippines, implementing the provisions of BSP Circular No. 813.
Beginning January 26, 2015, the PDST Reference Rates published here on the PDS Website and the PDS MarketPage version 3 shall reflect the new methodology described in the revised guidelines.
In line with this, please be advised that by 26 January 2015, the PDS Group shall cease the publication of the interim “BSP Circular 813 Reference Rates” on PDS Website. This effectively ends the transitory measure to publish an interim set of end-of-day reference rates.
For your information and guidance.