Monetary Operations

MORB/MORNBFI updates adopt the Global Master Repurchase Agreement (GMRA) for BSP repo and reverse repo facilities, plus related settlement and check-clearing revisions.

Reserve requirement ratios reduced for banks and NBQBs effective 28 March 2025, with updated MORB and MORNBFI provisions.

MORB/MORNBFI amendments allow trust entities (UITFs and IMAs) to participate in BSP-issued securities, including secondary market trading.