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Published March 10, 2021, 2:57 PM The central bank said its rediscounting facility has zero releases for the first two months of 2021 for both the peso and foreign currency-denominated windows because banks are still awash with cash and not lending. “The Bangko Sentral ng Pilipinas (BSP) updates the public that the applicable rediscount rate for the month of March 2021 on loans under the Peso Rediscount Facility (PRF) remains at 2.50 percent, regardless of maturity,” the BSP said in a statement Wednesday. The rediscount rates on loans under the Exporters’ Dollar and Yen Rediscount Facility (EDYRF) are set at 2.18838 percent for US Dollar and 1.91800 percent for Japanese Yen, regardless of maturity, the BSP added.

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