Coronanomics cbn cuts interest rate on its loans to 5

I think there may be a mistake here!

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is responsible for setting interest rates, not Coronanomics. Coronanomics is not a real entity or institution.

As of now, the BSP has not cut its interest rate on loans to 5%. In fact, the BSP has been maintaining a relatively stable interest rate environment, with the overnight borrowing rate (OR) at 4.5% and the overnight lending rate (OLR) at 5.5%.

If you're looking for information on interest rates or monetary policy decisions in the Philippines, I'd be happy to help you with that!