{"id":241972,"date":"2020-01-11T23:39:32","date_gmt":"2020-01-12T04:39:32","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=241972"},"modified":"2020-01-11T23:39:32","modified_gmt":"2020-01-12T04:39:32","slug":"2019-availments-in-bsps-peso-rediscount-facility-rise","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/01\/11\/2019-availments-in-bsps-peso-rediscount-facility-rise\/","title":{"rendered":"2019 availments in BSP&#8217;s peso rediscount facility rise"},"content":{"rendered":"<figure id=\"attachment_151970\" aria-describedby=\"caption-attachment-151970\" style=\"width: 960px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-151970\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg\" alt=\"\" width=\"960\" height=\"638\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-768x510.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2018\/02\/BSP-20x13.jpg 20w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-151970\" class=\"wp-caption-text\">Data released by the central bank on Friday showed that total availments under the peso rediscount facility last year was unchanged from the end-October 2019 level. (File <a href=\"https:\/\/www.facebook.com\/BangkoSentralngPilipinas\/photos\/a.335647726499063.76156.154917097905461\/997366883660474\/?type=1&amp;amp;theater\">Photo<\/a>: <a href=\"https:\/\/www.facebook.com\/BangkoSentralngPilipinas\/\">Bangko Sentral ng Pilipinas\/Facebook<\/a>)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0\u2013 Availments under the Bangko Sentral ng Pilipinas\u2019 (BSP) peso rediscount facility rose to PHP122.167 billion by end-December 2019 from PHP71.524 million in the previous year.<\/p>\n<p>Data released by the central bank on Friday showed that total availments under the peso rediscount facility last year was unchanged from the end-October 2019 level.<\/p>\n<p>Rediscounting allows qualified banks to take out loans from the central bank using the eligible papers of end-user borrowers as collaterals.<\/p>\n<p>This facility helps address banks\u2019 temporary liquidity needs by refinancing their clients\u2019 loans.<\/p>\n<p>Loans taken through this facility represent banks\u2019 credit on transactions for commercial, production and other credits, with the latter pertaining to capital asset expenditures, permanent working capital, and housing loans, among others.<\/p>\n<p>Meanwhile, as in the past, banks have not availed of the exporters dollar and yen rediscount facility (EDYRF).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 Availments under the Bangko Sentral ng Pilipinas\u2019 (BSP) peso rediscount facility rose to PHP122.167 billion by end-December 2019 from &hellip;<\/p>\n","protected":false},"author":44,"featured_media":151970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-241972","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=241972"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241972\/revisions"}],"predecessor-version":[{"id":241973,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/241972\/revisions\/241973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/151970"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=241972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=241972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=241972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}