MANILA, Philippines - BDO Leasing and Finance Inc., a subsidiary of BDO Unibank Inc., obtained an above average rating from the Philippine Ratings Services Corp. for its P15 billion short-term commercial paper issuance. In a statement, PhilRatings said it assigned an issue credit rating of PRS 2 to BDO Leasing's STCP flotation. The rating is just a notch below the top grade of PRS 1. The additional P10 billion in STCPs that the company applied for in the third quarter were similarly rated PRS 2. A rating of PRS 2 is defined as "above average (strong) capability for payment of the issue on both interest and principal."