BVAL MethodologyBVAL GSAC

As of Nov. 15, 2019

BVAL Rates - Government Securities (Bills)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPTB 0 11/20/19PIBL1218K403-50.012019-11-20-2019-11-13255.000000-3.247
RPTB 0 11/27/19PIBL1218K412-120.032019-11-27-2019-11-061.500000-3.133
RPTB 0 12/04/19PIBL1218L420-190.052019-12-04-2019-11-120.400000-3.132
RPTB 0 12/11/19PIBL1218L439-260.072019-12-11-2019-11-141.000000-3.134
RPTB 0 12/18/19PIBL0619F025-330.092019-12-183.100009:49:301.0000003.10003.144
RPTB 0 12/26/19PIBL0619F034-410.112019-12-26-2019-11-142.600000-3.025
RPTB 0 01/08/20PIBL1219A019-540.152020-01-083.130014:56:242.7590003.14133.160
RPTB 0 01/15/20PIBL1219A028-610.172020-01-15-2019-11-141.000000-3.151
RPTB 0 01/22/20PIBL1219A037-680.192020-01-223.140015:58:01163.2760003.14093.145
RPTB 0 01/29/20PIBL1219A046-750.212020-01-293.145015:16:5611.2750003.14503.163
RPTB 0 02/05/20PIBL1219B054-820.222020-02-053.135009:36:090.8000003.13503.180
RPTB 0 02/12/20PIBL1219B063-890.242020-02-123.145014:52:1952.6800003.14023.152
RPTB 0 02/19/20PIBL1219B072-960.262020-02-193.135014:58:5914.0990003.14053.334
RPTB 0 03/04/20PIBL0619I040-1100.302020-03-043.325015:40:134.7240003.17363.200
RPTB 0 03/11/20PIBL1219C106-1170.322020-03-11-2019-11-111.430000-3.212
RPTB 0 03/18/20PIBL1219C115-1240.342020-03-183.200015:41:4930.1830003.20003.180
RPTB 0 03/25/20PIBL1219C124-1310.362020-03-25-2019-11-140.300000-3.233
RPTB 0 04/01/20PIBL1219D132-1380.382020-04-013.210011:28:000.5000003.21003.174
RPTB 0 04/08/20PIBL1219D141-1450.402020-04-083.175015:22:051.2520003.18233.215
RPTB 0 04/22/20PIBL0619J058-1590.442020-04-223.225015:36:5016.4500003.21713.254
RPTB 0 04/29/20PIBL1219D178-1660.452020-04-29-2019-11-1350.000000-3.180
RPTB 0 05/06/20PIBL1219E186-1730.472020-05-063.250015:51:279.5900003.25003.214
RPTB 0 05/13/20PIBL1219E195-1800.492020-05-133.400015:08:4018.1500003.34593.325
RPTB 0 05/20/20PIBL1219E202-1870.512020-05-203.275011:11:371.0000003.27503.263
RPTB 0 05/27/20PIBL1219E211-1940.532020-05-27-2019-11-120.800000-3.332
RPTB 0 06/03/20PIBL1219F229-2010.552020-06-033.225014:13:170.3700003.22503.417
RPTB 0 06/10/20PIBL1219F238-2080.572020-06-103.500015:37:27130.1180003.49663.500
RPTB 0 06/17/20PIBL1219F247-2150.592020-06-17-2019-11-141.020000-3.391
RPTB 0 06/24/20PIBL1219F256-2220.612020-06-24-2019-11-1311.541000-3.422
RPTB 0 07/08/20PIBL1219G264-2360.652020-07-083.550011:23:43400.0000003.54253.543
RPTB 0 07/22/20PIBL1219G273-2500.682020-07-223.485014:12:205.0000003.48503.509
RPTB 0 08/05/20PIBL1219H281-2640.722020-08-053.505010:30:4899.6300003.50503.482
RPTB 0 08/19/20PIBL1219H290-2780.762020-08-193.475014:56:354.3210003.47503.658
RPTB 0 09/02/20PIBL1219I306-2920.802020-09-023.485010:18:5553.7500003.50833.521
RPTB 0 09/16/20PIBL1219I315-3060.842020-09-163.500014:50:2462.1800003.50563.520
RPTB 0 10/07/20PIBL1219J323-3270.902020-10-07-2019-11-130.450000-3.648
RPTB 0 10/21/20PIBL1219J332-3410.932020-10-213.475010:44:240.8300003.48103.622
RPTB 0 11/04/20PIBL1219K358-3550.972020-11-043.480015:21:32107.0610003.47523.489
BVAL Rates - Government Securities (Bonds)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPGB 3 7/8 11/22/19PIBD0719K5603.875070.022019-11-223.750015:38:07399.2940003.74993.730
RPGB 3 3/8 01/12/20PIBD0320A2293.3750580.162020-01-123.700015:31:3045.0000003.66113.644
RPGB 7 3/4 02/18/20PIBD1020B5087.7500950.262020-02-183.700011:34:5112.7500003.65713.493
RPGB 4 1/4 04/11/20PIID0320D0874.25001480.412020-04-113.650015:02:1677.5100003.63373.697
RPGB 7 1/4 08/19/20PIID1020H0157.25002780.762020-08-193.825014:46:076.0200003.82503.552
RPGB 3 3/8 08/20/20PIBD0520H7353.37502790.762020-08-203.750015:53:5739.0250003.75113.779
RPGB 6 1/8 09/16/20PIBD1020I5106.12503060.842020-09-16-2019-11-052.180000-3.724
RPGB 5 7/8 12/16/20PIBD1020L5255.87503971.092020-12-163.900014:11:2730.3200003.90003.734
RPGB 4 1/4 01/25/21PIBD0321A2364.25004371.202021-01-253.840015:09:2551.7000003.84033.864
RPGB 7 3/8 03/03/21PIID1021C0277.37504741.302021-03-033.850014:43:1641.0100003.82053.799
RPGB 3 1/2 03/20/21PIBD0721C5743.50004911.342021-03-203.895014:53:5923.7500003.88543.754
RPGB 6 1/2 04/28/21PIBD1021D5316.50005301.452021-04-28-2019-11-110.010000-3.799
RPGB 4 7/8 06/13/21PIID0321F0924.87505761.582021-06-133.850014:23:14155.6570003.81533.810
RPGB 5 3/4 10/20/21PIID1021J0395.75007051.932021-10-20-2019-11-142.000000-3.866
RPGB 5 3/4 11/24/21PIBD1021K5515.75007402.032021-11-243.950014:54:080.4000003.95003.877
RPGB 6 3/8 01/19/22PIBD1022G5456.37507962.182022-01-19--30.000000-3.900
RPGB 4 01/26/22PIBD0522A7474.00008032.202022-01-263.925015:08:14102.0000003.92503.869
RPGB 15 03/14/22PIBD2022C02115.00008502.332022-03-14-2019-10-211.500000-3.896
RPGB 4 3/4 07/04/22PIBD0322G2474.75009622.632022-07-043.860009:28:5019.0400003.86003.872
RPGB 4 7/8 08/02/22PIBD1022H5624.87509912.712022-08-02-2019-11-110.010000-3.972
RPGB 4 3/4 09/13/22PIBD1022I5704.75001,0332.832022-09-13-2019-10-230.010000-3.980
RPGB 12 3/4 10/17/22PIBD2022J03312.75001,0672.922022-10-17-2019-08-010.000000-3.992
RPGB 4 5/8 12/04/22PIID0522L1144.62501,1153.052022-12-043.965015:36:27798.0100003.95573.955
RPGB 4 12/06/22PIBD1022L5854.00001,1173.062022-12-064.075015:07:576.1200004.04464.011
RPGB 13 02/20/23PIBD2023B04813.00001,1933.272023-02-20-2019-11-1216.700000-4.040
RPGB 5 1/2 03/08/23PIBD0523C7525.50001,2093.312023-03-083.975015:39:03162.7000003.97774.048
RPGB 3 1/2 04/21/23PIBD0723D5883.50001,2533.432023-04-214.100015:22:281,370.1700004.11214.152
RPGB 11 7/8 05/29/23PIBD2023E05411.87501,2913.532023-05-29-2019-10-2913.000000-4.079
RPGB 3 1/4 08/15/23PIID1023H0463.25001,3693.752023-08-154.250015:08:071.5040004.26794.189
RPGB 11 3/8 10/23/23PIBD2023J06811.37501,4383.942023-10-23-2019-02-0610.000000-4.132
RPGB 6 1/4 03/12/24PIID0524C1296.25001,5794.322024-03-124.107515:04:591,733.1100004.10264.109
RPGB 4 1/2 04/20/24PIBD0724D5954.50001,6184.432024-04-204.200009:49:5217.0000004.20004.217
RPGB 12 3/8 06/03/24PIBD2024F07512.37501,6624.552024-06-03-2019-11-1219.100000-4.215
RPGB 12 7/8 08/05/24PIBD2024H08612.87501,7254.722024-08-05-2019-10-1030.000000-4.239
RPGB 4 1/8 08/20/24PIBD1024H5954.12501,7404.762024-08-204.300015:36:3032.7700004.30004.280
RPGB 4 1/4 10/17/24PIBD0524J7624.25001,7984.922024-10-174.000015:20:16895.1650004.09634.112
RPGB 13 3/4 11/11/24PIBD2024K09113.75001,8234.992024-11-11----4.275
RPGB 5 3/4 04/12/25PIBD0725D6185.75001,9755.412025-04-124.350014:19:121,107.9260004.34014.345
RPGB 12 1/8 04/14/25PIBD2025D10312.12501,9775.412025-04-14-2019-06-2128.700000-4.326
RPGB 3 5/8 09/09/25PIBD1025I6083.62502,1255.822025-09-094.500015:16:42155.1100004.54774.538
RPGB 12 1/8 10/20/25PIBD2025J11612.12502,1665.932025-10-20-2019-10-177.760000-4.389
RPGB 18 1/4 11/29/25PIBD2525K01518.25002,2066.042025-11-29-2019-10-300.000000-4.402
RPGB 10 1/4 01/19/26PIBD2026A12210.25002,2576.182026-01-19-2019-11-081.000000-4.420
RPGB 6 1/4 02/14/26PIBD0726B6276.25002,2836.252026-02-144.440015:52:31665.7000004.42324.426
RPGB 3 1/2 09/20/26PIID1026I0573.50002,5016.852026-09-204.650015:17:0023.1000004.65524.529
RPGB 6 1/4 10/20/26PIID1526J0196.25002,5316.932026-10-20-2019-11-140.130000-4.495
RPGB 8 12/07/26PIBD2026L1398.00002,5797.062026-12-07-2019-10-154.300000-4.508
RPGB 5 3/8 03/01/27PIID1527C0235.37502,6637.292027-03-014.725014:31:190.5000004.72504.528
RPGB 4 3/4 05/04/27PIBD1027E6174.75002,7277.472027-05-044.700010:59:45100.0000004.70004.664
RPGB 8 5/8 09/06/27PIBD2027I1408.62502,8527.812027-09-06-2019-10-215.600000-4.574
RPGB 6 1/4 03/22/28PIBD1028C6356.25003,0508.352028-03-22-2019-11-13158.720000-4.536
RPGB 9 1/2 12/04/28PIBD2028L1519.50003,3079.052028-12-04-2019-11-1240.000000-4.658
RPGB 6 7/8 01/10/29PIBD1029A6446.87503,3449.162029-01-104.640015:40:30914.9295904.63614.641
RPGB 8 3/4 05/27/30PIBD2030E1668.75003,84610.532030-05-274.775015:23:381.4280004.77504.729
RPGB 12 1/2 07/28/30PIBD2530G02912.50003,90810.702030-07-28-2019-10-070.100000-4.735
RPGB 11 1/4 01/26/31PIBD2531A03211.25004,09011.202031-01-26-2019-07-121.000000-4.754
RPGB 8 07/19/31PIBD2031G1718.00004,26411.672031-07-194.775015:51:59468.4780004.77114.768
RPGB 9 3/8 10/05/31PIBD2531J0429.37504,34211.892031-10-05-2019-09-092.100000-4.779
RPGB 5 7/8 02/02/32PIBD2032B1835.87504,46212.222032-02-02-2019-11-063.000000-4.791
RPGB 5 7/8 03/01/32PIID2032C0145.87504,49012.292032-03-01-2019-11-1444.200000-4.793
RPGB 5 3/4 09/27/32PIBD2032I1955.75004,70012.872032-09-27-2019-10-303.000000-4.815
RPGB 8 1/2 11/29/32PIBD2532K0578.50004,76313.042032-11-29-2019-10-151.500000-4.822
RPGB 3 5/8 03/21/33PIBD2033C2063.62504,87513.352033-03-21-2019-11-1436.800000-4.838
RPGB 9 1/4 11/05/34PIBD2534K0629.25005,46914.972034-11-05-2019-10-2914.730000-4.895
RPGB 8 09/30/35PIBD2535I0718.00005,79815.872035-09-30-2019-11-080.780000-4.935
RPGB 8 1/8 12/16/35PIBD2535L0868.12505,87516.082035-12-165.070015:47:5577.1000005.07005.070
RPGB 7 5/8 09/29/36PIBD2536I0977.62506,16316.872036-09-29-2019-11-040.500000-4.988
RPGB 5 1/4 05/18/37PIBD2037E2145.25006,39417.512037-05-18-2019-11-1250.000000-5.050
RPGB 5 3/4 08/16/37PIBD2537H1035.75006,48417.752037-08-16-2019-11-1250.000000-5.060
RPGB 6 1/8 10/24/37PIID2537J0156.12506,55317.942037-10-245.225015:30:2012.1040005.22754.990
RPGB 6 1/2 02/22/38PIBD2038B2246.50006,67418.272038-02-22-2019-10-29142.000000-5.095
RPGB 6 3/4 01/24/39PIBD2039A2326.75007,01019.192039-01-245.110015:49:5362.0000005.11345.177
RPGB 4 5/8 09/09/40PIBD2540I1164.62507,60420.822040-09-095.002514:58:52113.1600005.02665.255
DISCLAIMER : Please read the following important notice regarding the PHP BVAL Reference Rates.
The Philippine Dealing & Exchange Corporation (“PDEx”) is the Fixed Income Market Operator with an SRO, Exchange, and OTC License. The Bankers Association of the Philippines (“BAP”) is the benchmark administrator and owner of the PHP BVAL Reference Rates to be used as the Philippine Peso Government Securities benchmark in the GS market. The PHP BVAL Reference Rates are solely calculated by Bloomberg Finance Singapore L.P. and/or its affiliates (“Bloomberg”), under an agreement with BAP. The PHP BVAL Reference Rates summary provided on this website is solely for internal business or personal use unless otherwise authorized by BAP.

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