BVAL MethodologyBVAL GSAC

As of May. 14, 2021

BVAL Rates - Government Securities (Bills)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPTB 0 05/19/21PIBL1220E200-50.012021-05-19-2021-05-102.000000-1.0050
RPTB 0 05/26/21PIBL1220E219-120.032021-05-260.850011:07:155.0000000.85001.1500
RPTB 0 06/02/21PIBL1220F227-190.052021-06-021.100011:09:283.5830001.10001.1864
RPTB 0 06/09/21PIBL1220F236-260.072021-06-091.000011:58:294.0000001.00001.2094
RPTB 0 06/16/21PIBL1220F245-330.092021-06-16-2021-05-120.020000-1.2253
RPTB 0 06/23/21PIBL1220F254-400.112021-06-231.175015:02:18287.0450001.16631.1640
RPTB 0 06/30/21PIBL1220G262-470.132021-06-301.235014:30:383.0000001.23501.1904
RPTB 0 07/07/21PIBL1220G271-540.152021-07-07-2021-05-1223.691000-1.2363
RPTB 0 07/14/21PIBL1220G280-610.172021-07-141.225014:41:0815.1300001.22611.2443
RPTB 0 07/21/21PIBL1220G299-680.192021-07-211.245014:17:20241.2890001.24791.2517
RPTB 0 07/28/21PIBL1220G306-750.212021-07-28-2021-05-1221.042000-1.2950
RPTB 0 08/04/21PIBL1220H314-820.222021-08-041.250014:36:2845.8160001.25001.2674
RPTB 0 08/11/21PIBL1220H323-890.242021-08-111.260015:01:42943.3800001.25961.3162
RPTB 0 08/18/21PIBL1220H332-960.262021-08-181.280014:28:2738.0470001.28001.2937
RPTB 0 08/25/21PIBL1220H341-1030.282021-08-251.287510:56:05171.0000001.28751.2935
RPTB 0 09/01/21PIBL1220I359-1100.302021-09-011.335011:10:371.0000001.33501.3554
RPTB 0 09/08/21PIBL1220I368-1170.322021-09-081.320015:12:220.5000001.32001.3515
RPTB 0 09/15/21PIBL0621C015-1240.342021-09-15-2021-05-1235.000000-1.3904
RPTB 0 09/22/21PIBL1220I386-1310.362021-09-22-2021-05-121.354000-1.4077
RPTB 0 09/29/21PIBL1220I395-1380.382021-09-291.375014:06:3423.3410001.37501.3914
RPTB 0 10/06/21PIBL1220J401-1450.402021-10-061.385014:45:503.5000001.38501.4601
RPTB 0 10/13/21PIBL1220J410-1520.422021-10-131.425015:22:211.0043001.42501.4650
RPTB 0 10/20/21PIBL1220J429-1590.442021-10-201.485015:02:17469.0000001.48361.4862
RPTB 0 10/27/21PIBL1220J438-1660.452021-10-271.470010:48:420.5000001.47001.5594
RPTB 0 11/03/21PIBL1220K445-1730.472021-11-031.500015:08:1961.1280001.51391.5374
RPTB 0 11/10/21PIBL1220K454-1800.492021-11-101.525015:36:15733.9150001.52911.5268
RPTB 0 11/17/21PIBL1220K463-1870.512021-11-171.525010:23:281.0000001.52501.5447
RPTB 0 11/24/21PIBL1220K472-1940.532021-11-24-2021-05-075.050000-1.6550
RPTB 0 12/01/21PIBL1220L480-2010.552021-12-01-2021-04-2339.000000-1.5883
RPTB 0 12/07/21PIBL1220L499-2070.572021-12-07-2021-05-112.010000-1.6012
RPTB 0 12/15/21PIBL1220L505-2150.592021-12-15-2021-05-047.760000-1.6179
RPTB 0 01/05/22PIBL1221A015-2360.652022-01-051.600014:26:532.5000001.60001.6664
RPTB 0 01/12/22PIBL1221A024-2430.672022-01-12-2021-05-06195.389000-1.7008
RPTB 0 01/19/22PIBL1221A033-2500.682022-01-191.625015:42:2234.5100001.62541.6989
RPTB 0 01/26/22PIBL1221A042-2570.702022-01-261.650010:48:4284.0000001.65001.6602
RPTB 0 02/02/22PIBL1221B050-2640.722022-02-02-2021-05-126.601100-1.7373
RPTB 0 02/09/22PIBL1221B069-2710.742022-02-091.720014:41:0140.5000001.71511.8668
RPTB 0 02/16/22PIBL1221B078-2780.762022-02-16-2021-05-126.000000-1.7558
RPTB 0 02/23/22PIBL1221B087-2850.782022-02-23-2021-05-05170.000000-1.7347
RPTB 0 03/02/22PIBL1221C095-2920.802022-03-021.725010:44:473.0420001.72501.7702
RPTB 0 03/09/22PIBL1221C102-2990.822022-03-09-2021-04-280.614000-1.7795
RPTB 0 03/16/22PIBL1221C111-3060.842022-03-16-2021-05-0750.000000-1.7973
RPTB 0 03/23/22PIBL1221C120-3130.862022-03-231.735014:44:034.7490001.74041.7873
RPTB 0 03/30/22PIBL1221C139-3200.882022-03-301.750011:29:5313.9000001.74561.7900
RPTB 0 04/06/22PIBL1221D147-3270.902022-04-06-2021-05-1210.100000-1.8114
RPTB 0 04/13/22PIBL1221D156-3340.912022-04-13-2021-05-041.720000-1.8213
RPTB 0 04/20/22PIBL1221D165-3410.932022-04-201.795014:01:584.9000001.79501.8458
RPTB 0 04/27/22PIBL1221D174-3480.952022-04-27-2021-05-125.500000-1.8480
RPTB 0 05/04/22PIBL1221E182-3550.972022-05-041.800014:34:5712.0000001.80001.8318
RPTB 0 05/11/22PIBL1221E191-3620.992022-05-111.800015:33:23752.4860001.81371.8055
BVAL Rates - Government Securities (Bonds)
Global IDDomestic No.CouponDaysYearsMaturityLast YieldLast Traded TimeTotal Volume (MM)Wtd. Ave. YieldBVAL Rates
RPGB 4 7/8 06/13/21PIID0321F0924.8750300.082021-06-131.375014:53:240.7800001.35901.3498
RPGB 5 3/4 10/20/21PIID1021J0395.75001590.442021-10-20-2021-05-1250.000000-1.4181
RPGB 5 3/4 11/24/21PIBD1021K5515.75001940.532021-11-241.500015:26:1520.0000001.50001.4019
RPGB 6 3/8 01/19/22PIBD1022G5456.37502500.682022-01-19-2021-05-1143.020000-1.3705
RPGB 4 01/26/22PIBD0522A7474.00002570.702022-01-261.650011:31:005.0000001.65001.3883
RPGB 15 03/14/22PIBD2022C02115.00003040.832022-03-14-2021-05-100.195000-1.6895
RPGB 4 3/4 07/04/22PIBD0322G2474.75004161.142022-07-04-2021-05-120.950000-1.9103
RPGB 4 7/8 08/02/22PIBD1022H5624.87504451.222022-08-02-2021-03-222.990000-1.8795
RPGB 4 3/4 09/13/22PIBD1022I5704.75004871.332022-09-13-2021-03-252.200000-1.9311
RPGB 12 3/4 10/17/22PIBD2022J03312.75005211.432022-10-17-2019-08-010.000000-1.9738
RPGB 4 5/8 12/04/22PIID0522L1144.62505691.562022-12-042.000010:39:519.7000002.00882.1871
RPGB 4 12/06/22PIBD1022L5854.00005711.562022-12-06-2021-05-111.000000-2.1112
RPGB 4 3/8 02/11/23PIID0323B1014.37506381.752023-02-112.100015:11:20534.6070002.05552.0474
RPGB 13 02/20/23PIBD2023B04813.00006471.772023-02-20-2021-02-150.326000-2.1303
RPGB 5 1/2 03/08/23PIBD0523C7525.50006631.822023-03-082.200011:35:047.6000002.20002.2630
RPGB 3 1/2 04/21/23PIBD0723D5883.50007071.942023-04-212.240011:31:003.6000002.23922.2337
RPGB 11 7/8 05/29/23PIBD2023E05411.87507452.042023-05-29-2021-03-0559.000000-2.2477
RPGB 3 1/4 08/15/23PIID1023H0463.25008232.252023-08-152.500014:23:404.3050002.46522.4040
RPGB 2 3/8 09/10/23PIBD0323I2522.37508492.322023-09-102.350009:26:410.0700002.35002.2872
RPGB 11 3/8 10/23/23PIBD2023J06811.37508922.442023-10-23-2021-04-23603.700000-2.4748
RPGB 2 3/8 03/09/24PIID0324C1152.37501,0302.822024-03-092.500015:39:12209.8920002.46492.4666
RPGB 6 1/4 03/12/24PIID0524C1296.25001,0332.832024-03-122.500014:44:34618.3000002.49962.4842
RPGB 4 1/2 04/20/24PIBD0724D5954.50001,0722.932024-04-202.590010:52:54150.0000002.59002.5922
RPGB 12 3/8 06/03/24PIBD2024F07512.37501,1163.062024-06-03-2021-04-29181.290000-2.6382
RPGB 12 7/8 08/05/24PIBD2024H08612.87501,1793.232024-08-05-2021-04-27400.000000-2.6631
RPGB 4 1/8 08/20/24PIBD1024H5954.12501,1943.272024-08-202.850011:57:380.7100002.85002.8349
RPGB 4 1/4 10/17/24PIBD0524J7624.25001,2523.432024-10-172.795015:58:471,009.9800002.79832.7955
RPGB 13 3/4 11/11/24PIBD2024K09113.75001,2773.502024-11-11-2021-04-2319.000000-2.7434
RPGB 5 3/4 04/12/25PIBD0725D6185.75001,4293.912025-04-122.850015:50:371.3000002.92442.8645
RPGB 12 1/8 04/14/25PIBD2025D10312.12501,4313.922025-04-14-2021-04-261,156.000000-2.8753
RPGB 2 5/8 08/12/25PIID0525H1302.62501,5514.252025-08-122.850015:40:1323.8300002.80012.7912
RPGB 3 5/8 09/09/25PIBD1025I6083.62501,5794.322025-09-092.880015:50:509.5100002.93492.9045
RPGB 12 1/8 10/20/25PIBD2025J11612.12501,6204.442025-10-20-2020-12-210.400000-3.0111
RPGB 18 1/4 11/29/25PIBD2525K01518.25001,6604.542025-11-29-2021-04-2350.000000-3.0401
RPGB 10 1/4 01/19/26PIBD2026A12210.25001,7114.682026-01-19-2021-03-03403.000000-3.0772
RPGB 6 1/4 02/14/26PIBD0726B6276.25001,7374.762026-02-14-2021-05-124.300000-3.1908
RPGB 3 3/8 04/08/26PIBD0526D7723.37501,7904.902026-04-083.245015:57:26494.1460003.24563.2470
RPGB 3 1/2 09/20/26PIID1026I0573.50001,9555.352026-09-20-2021-05-1213.105000-3.3366
RPGB 6 1/4 10/20/26PIID1526J0196.25001,9855.432026-10-203.305309:49:5820.0000003.30533.2619
RPGB 8 12/07/26PIBD2026L1398.00002,0335.572026-12-07-2021-05-071.000000-3.2938
RPGB 5 3/8 03/01/27PIID1527C0235.37502,1175.802027-03-013.300011:44:408.6310003.30003.3478
RPGB 4 3/4 05/04/27PIBD1027E6174.75002,1815.972027-05-043.430015:56:397.5420003.43503.4394
RPGB 8 5/8 09/06/27PIBD2027I1408.62502,3066.312027-09-06-2021-03-261.000000-3.4621
RPGB 6 1/4 03/22/28PIBD1028C6356.25002,5046.862028-03-22-2021-05-100.170000-3.5929
RPGB 3 5/8 04/22/28PIBD0728D6493.62502,5356.942028-04-223.650015:41:44163.7500003.63073.6350
RPGB 9 1/2 12/04/28PIBD2028L1519.50002,7617.562028-12-04-2021-04-2110.000000-3.7396
RPGB 6 7/8 01/10/29PIBD1029A6446.87502,7987.662029-01-103.740014:49:2310.8000003.71223.6540
RPGB 8 3/4 05/27/30PIBD2030E1668.75003,3009.032030-05-27-2021-05-04155.000000-3.9936
RPGB 2 7/8 07/09/30PIBD1030G6552.87503,3439.152030-07-09-2021-05-1235.810000-3.8495
RPGB 12 1/2 07/28/30PIBD2530G02912.50003,3629.202030-07-28-2020-10-13276.000000-3.9818
RPGB 11 1/4 01/26/31PIBD2531A03211.25003,5449.702031-01-26-2021-03-184.000000-4.0697
RPGB 8 07/19/31PIBD2031G1718.00003,71810.182031-07-194.100015:51:0013.9200004.06674.0009
RPGB 9 3/8 10/05/31PIBD2531J0429.37503,79610.392031-10-05-2021-04-15160.000000-4.1785
RPGB 5 7/8 02/02/32PIBD2032B1835.87503,91610.722032-02-02-2021-05-111.000000-4.2519
RPGB 5 7/8 03/01/32PIID2032C0145.87503,94410.802032-03-014.470010:34:43275.0000004.47004.4776
RPGB 5 3/4 09/27/32PIBD2032I1955.75004,15411.372032-09-27-2021-04-165.000000-4.3471
RPGB 8 1/2 11/29/32PIBD2532K0578.50004,21711.552032-11-294.375011:08:301.3000004.37504.3799
RPGB 3 5/8 03/21/33PIBD2033C2063.62504,32911.852033-03-21-2021-05-1210.000000-4.4810
RPGB 9 1/4 11/05/34PIBD2534K0629.25004,92313.482034-11-05-2021-02-194.100000-4.6066
RPGB 8 09/30/35PIBD2535I0718.00005,25214.382035-09-30-2021-04-142.000000-4.7016
RPGB 8 1/8 12/16/35PIBD2535L0868.12505,32914.592035-12-16-2021-05-120.010000-4.7497
RPGB 7 5/8 09/29/36PIBD2536I0977.62505,61715.382036-09-29-2021-04-141.758000-4.7930
RPGB 5 1/4 05/18/37PIBD2037E2145.25005,84816.012037-05-18-2021-04-202.000000-4.8727
RPGB 5 3/4 08/16/37PIBD2537H1035.75005,93816.262037-08-16-2021-05-0617.110000-4.8517
RPGB 6 1/8 10/24/37PIID2537J0156.12506,00716.452037-10-24-2021-05-1210.000000-4.8840
RPGB 6 1/2 02/22/38PIBD2038B2246.50006,12816.782038-02-22-2021-05-125.000000-4.8554
RPGB 6 3/4 01/24/39PIBD2039A2326.75006,46417.702039-01-244.890015:36:561.4000004.89004.7981
RPGB 4 5/8 09/09/40PIBD2540I1164.62507,05819.322040-09-09-2021-05-101.300000-4.8050
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.