Disclaimer

The Philippine Interbank Reference Rate (“PHIREF”) is solely owned and calculated by Bloomberg Finance L.P. and/or its affiliates (“Bloomberg”), under an agreement with the Bankers Association of the Philippines (“BAP”). PHIREF provided on this website is solely for internal business or personal use.

By accessing this website and/or using or downloading PHIREF, you indicate your agreement not to use PHIREF other than as authorized in the previous paragraph. PHIREF 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 PHIREF are derived from sources deemed reliable, but Bloomberg, the BAP and their respective members and/or affiliates, and suppliers do not guarantee the correctness or completeness of PHIREF, its values or other information furnished in connection with PHIREF. Bloomberg, BAP 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 PHIREF, Bloomberg’s services or any data or values included therein or in connection therewith. BLOOMBERG, BAP 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 PHIREF AND ANY DATA OR VALUES INCLUDED THEREIN OR IN CONNECTION THEREWITH.

Bloomberg, BAP 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, BAP or their respective members and/or affiliates, or their respective partners, employees, subcontractors, agents, suppliers or vendors or otherwise, arising in connection with PHIREF 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, BAP 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, PHIREF or any data or values included therein or in connection therewith, from whatever cause. Bloomberg, BAP 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 PHIREF or any data or values included therein or in connection therewith, the accuracy and adequacy of PHIREF or any data or values included therein or in connection therewith or information used by you and the resultant output thereof.