BVAL MethodologyBVAL GSAC

As of Feb. 26, 2021

BVAL Rates - Government Securities (Bills)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPTB 0 03/03/21PIBL1220C097-50.012021-03-03-2021-02-0316.630000-0.9289
RPTB 0 03/10/21PIBL1220C104-120.032021-03-10-2021-02-246.400000-0.9294
RPTB 0 03/17/21PIBL1220C113-190.052021-03-170.875011:16:2717.5000000.87500.9622
RPTB 0 03/24/21PIBL0620I182-260.072021-03-24-2021-02-196.600000-0.9290
RPTB 0 03/31/21PIBL0620I191-330.092021-03-31-2021-02-2340.000000-0.9319
RPTB 0 04/07/21PIBL1220D149-400.112021-04-070.900015:08:113.0700000.90000.9422
RPTB 0 04/14/21PIBL1220D158-470.132021-04-140.825011:42:017.6840000.81610.9000
RPTB 0 04/21/21PIBL1220D167-540.152021-04-210.725010:42:581.2120000.97280.9526
RPTB 0 04/28/21PIBL1220D176-610.172021-04-280.760015:02:2524.2400000.75630.9450
RPTB 0 05/05/21PIBL1220E184-680.192021-05-050.845014:34:07208.2000001.09001.0250
RPTB 0 05/12/21PIBL1220E193-750.212021-05-120.875014:22:0615.6460000.95590.9808
RPTB 0 05/19/21PIBL1220E200-820.222021-05-191.250014:25:20705.0000001.11491.2163
RPTB 0 05/26/21PIBL1220E219-890.242021-05-260.900015:45:56527.5720000.99650.9694
RPTB 0 06/02/21PIBL1220F227-960.262021-06-020.890014:50:10138.0000001.07980.9528
RPTB 0 06/09/21PIBL1220F236-1030.282021-06-090.890014:12:3012.8000000.87600.9028
RPTB 0 06/16/21PIBL1220F245-1100.302021-06-16-2021-02-240.306000-1.0133
RPTB 0 06/23/21PIBL1220F254-1170.322021-06-23-2021-02-024.000000-1.0372
RPTB 0 06/30/21PIBL1220G262-1240.342021-06-300.910014:39:0025.3050000.90880.8944
RPTB 0 07/07/21PIBL1220G271-1310.362021-07-071.200014:01:4167.3520001.07501.0607
RPTB 0 07/14/21PIBL1220G280-1380.382021-07-14-2021-02-051.000000-1.0638
RPTB 0 07/21/21PIBL1220G299-1450.402021-07-21-2021-02-244.109000-1.0258
RPTB 0 07/28/21PIBL1220G306-1520.422021-07-28-2021-02-233.010000-1.1096
RPTB 0 08/04/21PIBL1220H314-1590.442021-08-041.000014:47:2710.1700001.00001.0160
RPTB 0 08/11/21PIBL1220H323-1660.452021-08-11-2021-02-248.770000-1.1670
RPTB 0 08/18/21PIBL1220H332-1730.472021-08-181.070014:37:04104.8040001.06971.0305
RPTB 0 08/25/21PIBL1220H341-1800.492021-08-251.067515:20:11194.4840001.06801.0675
RPTB 0 09/01/21PIBL1220I359-1870.512021-09-01-2021-02-240.502000-1.1294
RPTB 0 09/08/21PIBL1220I368-1940.532021-09-08-2021-02-171.581000-1.1554
RPTB 0 09/22/21PIBL1220I386-2080.572021-09-22-2021-02-231.100000-1.2080
RPTB 0 09/29/21PIBL1220I395-2150.592021-09-29-2021-02-244.000000-1.2340
RPTB 0 10/06/21PIBL1220J401-2220.612021-10-06-2021-02-161.087000-1.2583
RPTB 0 10/13/21PIBL1220J410-2290.632021-10-13-2021-02-242.585000-1.2858
RPTB 0 10/20/21PIBL1220J429-2360.652021-10-20-2021-02-240.201000-1.3459
RPTB 0 10/27/21PIBL1220J438-2430.672021-10-27-2021-02-182.500000-1.3534
RPTB 0 11/03/21PIBL1220K445-2500.682021-11-031.275011:04:122.0700001.27501.4336
RPTB 0 11/10/21PIBL1220K454-2570.702021-11-10-2021-02-2445.000000-1.3932
RPTB 0 11/17/21PIBL1220K463-2640.722021-11-171.500011:06:520.8500001.50001.4132
RPTB 0 11/24/21PIBL1220K472-2710.742021-11-24-2021-02-04630.981000-1.4409
RPTB 0 12/01/21PIBL1220L480-2780.762021-12-011.500009:22:012.0000001.50001.4618
RPTB 0 12/07/21PIBL1220L499-2840.782021-12-07-2021-01-2828.882000-1.4638
RPTB 0 12/15/21PIBL1220L505-2920.802021-12-15-2021-02-171.010000-1.4731
RPTB 0 01/05/22PIBL1221A015-3130.862022-01-05-2021-02-2315.000000-1.4131
RPTB 0 01/12/22PIBL1221A024-3200.882022-01-12-2021-02-2413.000000-1.6618
RPTB 0 01/19/22PIBL1221A033-3270.902022-01-191.425014:15:1933.6900001.47421.3933
RPTB 0 01/26/22PIBL1221A042-3340.912022-01-261.850015:15:403,232.1910001.77651.7492
RPTB 0 02/02/22PIBL1221B050-3410.932022-02-02-2021-02-241.000000-1.4727
RPTB 0 02/09/22PIBL1221B069-3480.952022-02-09-2021-02-2418.000000-1.4740
RPTB 0 02/16/22PIBL1221B078-3550.972022-02-161.500015:58:09826.2050001.77091.4250
RPTB 0 02/23/22PIBL1221B087-3620.992022-02-231.550015:49:48133.5120001.54471.5296
BVAL Rates - Government Securities (Bonds)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPGB 7 3/8 03/03/21PIID1021C0277.375050.012021-03-03-2021-02-19256.000642-1.3258
RPGB 3 1/2 03/20/21PIBD0721C5743.5000220.062021-03-201.380014:01:371,150.0000001.32461.3899
RPGB 6 1/2 04/28/21PIBD1021D5316.5000610.172021-04-28-2021-02-23150.000000-1.2550
RPGB 4 7/8 06/13/21PIID0321F0924.87501070.292021-06-131.445014:23:1513.0400001.44550.8070
RPGB 5 3/4 10/20/21PIID1021J0395.75002360.652021-10-20-2021-02-240.700000-1.5026
RPGB 5 3/4 11/24/21PIBD1021K5515.75002710.742021-11-241.650014:48:24500.0000001.65001.5907
RPGB 6 3/8 01/19/22PIBD1022G5456.37503270.902022-01-19-2021-02-239.000000-1.5445
RPGB 4 01/26/22PIBD0522A7474.00003340.912022-01-261.630014:24:58210.0000001.64901.6324
RPGB 15 03/14/22PIBD2022C02115.00003811.042022-03-14-2021-02-150.700000-1.6988
RPGB 4 3/4 07/04/22PIBD0322G2474.75004931.352022-07-041.600014:00:5631.8730001.80551.9158
RPGB 4 7/8 08/02/22PIBD1022H5624.87505221.432022-08-02-2021-01-06351.000000-1.8681
RPGB 4 3/4 09/13/22PIBD1022I5704.75005641.542022-09-13-2021-02-1750.590000-1.8713
RPGB 12 3/4 10/17/22PIBD2022J03312.75005981.642022-10-17-2019-08-010.000000-1.9583
RPGB 4 5/8 12/04/22PIID0522L1144.62506461.772022-12-041.950014:40:3121.6000001.96982.0286
RPGB 4 12/06/22PIBD1022L5854.00006481.772022-12-062.025011:57:4943.5000002.02502.0769
RPGB 4 3/8 02/11/23PIID0323B1014.37507151.962023-02-112.125014:45:57829.7490002.19312.2115
RPGB 13 02/20/23PIBD2023B04813.00007241.982023-02-20-2021-02-150.326000-2.1074
RPGB 5 1/2 03/08/23PIBD0523C7525.50007402.032023-03-08-2021-02-242.164000-2.1018
RPGB 3 1/2 04/21/23PIBD0723D5883.50007842.152023-04-212.120014:04:361,430.5000002.17492.1615
RPGB 11 7/8 05/29/23PIBD2023E05411.87508222.252023-05-29-2021-02-092.848000-2.1990
RPGB 3 1/4 08/15/23PIID1023H0463.25009002.462023-08-152.275014:48:0910.0000002.35452.1918
RPGB 2 3/8 09/10/23PIBD0323I2522.37509262.542023-09-102.300011:54:1231.8500002.30632.3425
RPGB 11 3/8 10/23/23PIBD2023J06811.37509692.652023-10-23-2021-02-150.700000-2.3361
RPGB 6 1/4 03/12/24PIID0524C1296.25001,1103.042024-03-122.440014:53:311,263.3000002.50922.4607
RPGB 4 1/2 04/20/24PIBD0724D5954.50001,1493.152024-04-20-2021-02-221.700000-2.4814
RPGB 12 3/8 06/03/24PIBD2024F07512.37501,1933.272024-06-03-2021-02-225.000000-2.5334
RPGB 12 7/8 08/05/24PIBD2024H08612.87501,2563.442024-08-05-2020-10-227.500000-2.5851
RPGB 4 1/8 08/20/24PIBD1024H5954.12501,2713.482024-08-202.610011:26:0219.4438722.60982.4945
RPGB 4 1/4 10/17/24PIBD0524J7624.25001,3293.642024-10-17-2021-02-24500.000000-2.5341
RPGB 13 3/4 11/11/24PIBD2024K09113.75001,3543.712024-11-11-2021-01-2020.450000-2.6708
RPGB 5 3/4 04/12/25PIBD0725D6185.75001,5064.122025-04-12-2021-02-244.300000-2.6125
RPGB 12 1/8 04/14/25PIBD2025D10312.12501,5084.132025-04-14-2021-02-2450.630000-2.6954
RPGB 2 5/8 08/12/25PIID0525H1302.62501,6284.462025-08-122.880015:38:314,137.1700002.89052.8965
RPGB 3 5/8 09/09/25PIBD1025I6083.62501,6564.532025-09-092.900015:51:52110.0000002.92272.9161
RPGB 12 1/8 10/20/25PIBD2025J11612.12501,6974.652025-10-20-2020-12-210.400000-2.9301
RPGB 18 1/4 11/29/25PIBD2525K01518.25001,7374.762025-11-29-2020-10-150.250000-2.9601
RPGB 10 1/4 01/19/26PIBD2026A12210.25001,7884.902026-01-19-2021-01-18122.000000-3.0006
RPGB 6 1/4 02/14/26PIBD0726B6276.25001,8144.972026-02-143.025015:08:51280.0000003.03393.0233
RPGB 3 1/2 09/20/26PIID1026I0573.50002,0325.562026-09-203.150015:21:3512.4000003.11672.8987
RPGB 6 1/4 10/20/26PIID1526J0196.25002,0625.652026-10-202.900009:09:292.0000002.90002.9927
RPGB 8 12/07/26PIBD2026L1398.00002,1105.782026-12-07-2021-02-242.600000-3.2186
RPGB 5 3/8 03/01/27PIID1527C0235.37502,1946.012027-03-013.500014:01:172.0000003.50003.2844
RPGB 4 3/4 05/04/27PIBD1027E6174.75002,2586.182027-05-043.650015:44:382,746.5000003.53473.6333
RPGB 8 5/8 09/06/27PIBD2027I1408.62502,3836.522027-09-06-2021-02-1020.000000-3.3810
RPGB 6 1/4 03/22/28PIBD1028C6356.25002,5817.072028-03-223.900014:43:5248.1000003.73893.2567
RPGB 9 1/2 12/04/28PIBD2028L1519.50002,8387.772028-12-04-2020-12-18900.000000-3.6173
RPGB 6 7/8 01/10/29PIBD1029A6446.87502,8757.872029-01-103.800015:07:321,258.0000003.77193.7175
RPGB 8 3/4 05/27/30PIBD2030E1668.75003,3779.252030-05-27-2021-02-2475.000000-3.8126
RPGB 2 7/8 07/09/30PIBD1030G6552.87503,4209.362030-07-093.610015:36:511,625.5060003.62623.7002
RPGB 12 1/2 07/28/30PIBD2530G02912.50003,4399.422030-07-28-2020-10-13276.000000-3.8371
RPGB 11 1/4 01/26/31PIBD2531A03211.25003,6219.912031-01-26-2020-09-171.000000-3.8848
RPGB 8 07/19/31PIBD2031G1718.00003,79510.392031-07-193.990015:33:521,631.9140004.05004.0026
RPGB 9 3/8 10/05/31PIBD2531J0429.37503,87310.602031-10-05-2020-12-0215.000000-3.9232
RPGB 5 7/8 02/02/32PIBD2032B1835.87503,99310.932032-02-02-2021-02-244.700000-3.9396
RPGB 5 7/8 03/01/32PIID2032C0145.87504,02111.012032-03-014.200011:01:061.0000004.20003.7268
RPGB 5 3/4 09/27/32PIBD2032I1955.75004,23111.582032-09-27-2021-02-160.500000-3.9830
RPGB 8 1/2 11/29/32PIBD2532K0578.50004,29411.762032-11-29-2021-02-245.400000-3.9948
RPGB 3 5/8 03/21/33PIBD2033C2063.62504,40612.062033-03-214.030014:25:3960.0000004.17174.2000
RPGB 9 1/4 11/05/34PIBD2534K0629.25005,00013.692034-11-05-2021-02-194.100000-4.1398
RPGB 8 09/30/35PIBD2535I0718.00005,32914.592035-09-30-2021-02-2215.000000-4.2515
RPGB 8 1/8 12/16/35PIBD2535L0868.12505,40614.802035-12-164.900014:48:1616.0000004.91884.3480
RPGB 7 5/8 09/29/36PIBD2536I0977.62505,69415.592036-09-29-2021-02-190.038500-4.4021
RPGB 5 1/4 05/18/37PIBD2037E2145.25005,92516.222037-05-18-2021-02-2336.610000-4.4942
RPGB 5 3/4 08/16/37PIBD2537H1035.75006,01516.472037-08-16-2021-02-246.957000-4.5239
RPGB 6 1/8 10/24/37PIID2537J0156.12506,08416.662037-10-244.950011:48:266.0000004.61674.3664
RPGB 6 1/2 02/22/38PIBD2038B2246.50006,20516.992038-02-22-2021-02-2410.000000-4.5877
RPGB 6 3/4 01/24/39PIBD2039A2326.75006,54117.912039-01-244.850009:37:01116.1000004.85004.8492
RPGB 4 5/8 09/09/40PIBD2540I1164.62507,13519.532040-09-094.575015:36:4642.6409754.47984.3281
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.

By accessing this website and/or using or downloading the PHP BVAL Reference Rates, you indicate your agreement not to use the PHP BVAL Reference Rates other than as authorized in the previous paragraph. The PHP BVAL Reference Rates shall not be distributed, licensed, modified, published, re-posted, reproduced, reused, sold, transmitted, used to create a derivative work or otherwise used for public or commercial purposes without the prior written permission of Bloomberg.

The values of the PHP BVAL Reference Rates are derived from sources deemed reliable, but Bloomberg, the BAP, PDEx, and their respective members and/or affiliates, and suppliers do not guarantee the correctness or completeness of the PHP BVAL Reference Rates, its values or other information furnished in connection with the PHP BVAL Reference Rates. Bloomberg, the BAP, PDEx, and their respective members or affiliates make no warranty, express or implied, as to results to be obtained by any person or entity from the use of the PHP BVAL Reference Rates, Bloomberg’s services or any data or values included therein or in connection therewith. BLOOMBERG, THE BAP, PDEX, AND THEIR RESPECTIVE MEMBERS AND/OR AFFILIATES MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE PHP BVAL REFERENCE RATES AND ANY DATA OR VALUES INCLUDED THEREIN OR IN CONNECTION THEREWITH.

Bloomberg, the BAP, PDEx, and their respective members and/or affiliates, and their respective partners, employees, subcontractors, agents, suppliers, and vendors shall have no liability or responsibility, contingent or otherwise, for any injury or damages, whether caused by the negligence of Bloomberg, the BAP, PDEx or their respective members and/or affiliates, or their respective partners, employees, subcontractors, agents, suppliers, or vendors or otherwise, arising in connection with the PHP BVAL Reference Rates or any data or values included therein or in connection therewith and shall not be liable for any lost profits, losses, punitive, incidental, or consequential damages. Bloomberg, the BAP, PDEx and their respective members and/or affiliates, and their respective partners, employees, subcontractors, agents, suppliers, and vendors shall not be responsible for, or have any liability for, any injuries or damages caused by errors, inaccuracies, omissions, or any other failure in, or delays or interruptions of, the PHP BVAL Reference Rates or any data or values included therein or in connection therewith, from whatever cause. Bloomberg, the BAP, PDEx, and their respective members and/or affiliates, and their respective partners, employees, subcontractors, agents, suppliers, and vendors are not responsible for the selection of or use of the PHP BVAL Reference Rates or any data or values included therein or in connection therewith, the accuracy and adequacy of the PHP BVAL Reference Rates or any data or values included therein or in connection therewith or information used by you and the resultant output thereof.