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.

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.