Actual
8.0580
Daily Change
-0.11%
Monthly
0.38%
Yearly
2.14%
Q4 Forecast
8.0393
Philippines 10-Year Government Bond Yield - Summary

The yield on Philippines 10Y Bond Yield eased to 8.06% on October 30, 2026, marking a 0.11 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.38 points and is 2.14 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity.

Philippines 10-Year Government Bond Yield - Stats

Historically, the Philippines 10-Year Government Bond Yield reached an all time high of 20.75 in October of 2000. Philippines 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on October 31 of 2026.

Philippines 10-Year Government Bond Yield - Forecast

The Philippines 10-Year Government Bond Yield is expected to trade at 8.04 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7.70 in 12 months time.



Bonds Yield Day Month Year Date
Philippines 10Y 8.06 -0.109% 0.376% 2.144% Oct/30



Related Last Previous Unit Reference
Philippines Inflation Rate 7.20 6.10 percent Sep 2026
Philippines Interest Rate 5.50 5.00 percent Oct 2026
Philippines Unemployment Rate 5.30 6.00 percent Aug 2026

Philippines 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
8.06 8.17 20.75 2.57 2000 - 2026 percent Daily

News Stream
Philippines 10Y Bond Yield Hits 16-1/2-year High
Philippines 10 Year Government Bond Yield increased to 8.21%, the highest since May 2010. Over the past 4 weeks, Philippines 10Y Bond Yield gained 52.00 basis points, and in the last 12 months, it increased 214.20 basis points.
2026-10-27
Philippines 10-Year Yield Hits 8-Year High
The Philippines’ 10-year government bond yield climbed to 8.10% in late October, its highest level since October 2018, following the Bangko Sentral ng Pilipinas’ (BSP) larger-than-expected rate hike. The central bank raised its key policy rate by 50 bps to 5.50%, exceeding expectations for a 25 bps increase and marking its fourth consecutive hike this year. The decision came as annual inflation accelerated to 7.2% in September from 6.1% in August, overshooting forecasts of 6.6% and matching April’s three-year high. Higher global oil prices amid the ongoing Middle East tensions and potential El Niño-related supply disruptions threaten to sustain inflationary pressures, while peso weakness raises the cost of imported goods. Meanwhile, subdued demand at recent government bond auctions added to upward pressure on yields, as investors demanded higher returns to compensate for persistent inflation risks.
2026-10-23
Philippines 10Y Bond Yield Hits 8-year High
Philippines 10 Year Government Bond Yield increased to 8.10%, the highest since October 2018. Over the past 4 weeks, Philippines 10Y Bond Yield gained 52.70 basis points, and in the last 12 months, it increased 215.60 basis points.
2026-10-22