BSP ISSUES REMINDER ON SUBMISSION OF FOREIGN BORROWINGS PLAN[/font][/size][/font]
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The Bangko Sentral ng Pilipinas (BSP) reminds entities concerned to submit their foreign borrowings plan (FBP) for the fourth quarter of 2025 and full year 2026 on or before September 30 this year.[/font]
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The submission is required for resident[1][/font][/color]
entities intending to obtain medium- and long-term foreign loans or borrowings from non-residents, including offshore issuances of debt instruments; or issue onshore debt instruments that require payment in foreign currency.[/font]
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The requirement, which is provided under the Manual of Regulations on Foreign Exchange Transactions (FX Manual)[2][/font], as amended allows the BSP to determine the economy’s foreign funding requirements for the coming year.[/font]
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This is in line with the central bank’s mandate to regulate foreign borrowings or foreign currency loans so that these can be serviced in an orderly manner and aligned to the economy’s debt servicing capacity.[3][/font][/size][/font]
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The standard reporting form—Annex D.3 (Medium and Long-term Foreign Borrowings Plan) of the FX Manual—may be downloaded from the BSP website at https://www.bsp.gov.ph/SitePages/Regulations/DownloadSection.aspx or https://www.bsp.gov.ph/Lists/Download%20Section/Attachments/51/Annex%20D.3%20(Cir1197_2024).xlsx. [/font][/font]
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FBPs shall be submitted to the BSP, through the International Operations Department, via the appropriate e-mail address:[/font]
a. for public sector loans/borrowings: [/font]
[email protected][/font]
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b. for private sector loans/borrowings: [/font]
[email protected][/font]
.[/font]
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Alternatively, respondents can also submit their FBPs through the following online form:[/font]
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