Latest Data
Aug 2025
-25 basis point
vs prev 0 bps
Data Coverage
Observations: 217
Period: Jan 2002 - Aug 2025
Frequency: Bi-Monthly
Historic High: 75 basis point (Jul 2022)
Historic Low: -150 basis point (Jul 2007)
Data Categories Money, Banking, and Finance Interest Rates Target Reverse Repurchase (RRP) Rate Decision
Target Reverse Repurchase (RRP) Rate Decision
In Basis Points
Table
line-chart line-chart Stepped Chart

Units: Percent per Annum

Frequency: Policy Meeting Dates

Notes: The Target Reverse Repurchase (RRP) Rate is the BSP's key policy interest rate. It is the rate at which the BSP absorbs excess liquidity from the banking system through overnight reverse repurchase agreements. Changes in the RRP rate influence other interest rates in the economy and are a primary tool of monetary policy to manage inflation and support economic growth.1

Suggested Citation: Bangko Sentral ng Pilipinas. Target Reverse Repurchase (RRP) Rate. EconStat®. Accessed July 17, 2026. http://econstat.net/category/finance/D1/series/TRRPD/.

References:

  1. Bangko Sentral ng Pilipinas. Monetary Policy. https://www.bsp.gov.ph/ ↩