SDDS:  External Debt
In Million USD
   
  Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/
  as of End as of End as of End as of End as of End
  Dec-2001 Dec-2002 Mar-2003 Jun-2003 Sep-2003
1.  General Government 20,323 22,642 23,798 24,393 24,991
a.  Short-term 0 200 200 200
1.  Bonds and notes 200 200 200
b.  Long-term 20,323 22,642 23,598 24,193 24,791
1.  Bonds and notes 7,192 8,577 9,192 9,737 9,656
2.  Trade credits 19 16 14 14 12
3.  Loans 13,111 14,049 14,392 14,442 15,123
2.  Monetary Authorities 5,878 4,790 5,179 5,075 5,007
a.  Short-term 2,226 1,601 2,101 2,001 2,201
1.  Loans 2,225 1,600 2,100 2,000 2,200
2.  Deposits 1 1 1 1 1
b.  Long-term 3,652 3,189 3,078 3,074 2,806
1.  Bonds and notes 1,084 923 968 1,017 933
2.  Loans 618 591 598 602 591
3.  Deposits 2 0 0 0 0
4.  Use of IMF credits 1,948 1,675 1,512 1,455 1,281
3.  Banks 5,659 6,090 6,038 5,886 5,691
a.  Short-term 2,379 2,683 2,584 2,289 2,248
1.  Loans 1,347 2,213 2,100 1,816 1,718
2.  Deposits 1,032 470 484 472 531
b.  Long-term 3,280 3,407 3,454 3,597 3,443
1.  Bonds and notes 644 472 465 676 420
2.  Loans 2,612 2,875 2,926 2,870 2,991
3.  Deposits 24 60 63 52 32
4.  Other Sectors 19,044 18,679 19,233 18,988 18,952
a.  Short-term 1,444 1,274 1,538 1,750 1,579
1.  Bonds and notes 100 100 100 90
2.  Trade credits 696 507 641 808 904
3.  Loans 748 668 797 842 584
b.  Long-term 17,599 17,404 17,695 17,238 17,374
1.  Bonds and notes 4,757 4,713 5,099 4,984 5,098
2.  Trade credits 1,026 1,030 1,050 732 705
3.  Loans 11,815 11,661 11,546 11,522 11,571
5.  Direct investment:  Intercompany lending 1,452 1,673 1,558 1,780 1,705
1.  Loans 1,452 1,673 1,558 1,780 1,705
Total 52,355 53,874 55,806 56,122 56,347
           
1/  Excludes the following monitored private sector accounts:  
(a) Intercompany accounts (gross "Due to Head Office/Branches Abroad") of
Philippine branches of foreign bankswhich are treated as quasi-equity in view of token amounts of permanently assigned capital required of these banks are excluded from  "Item 3. Banks"
2,291 1,880 1,611 1,860 1,748
(b) Long-term loans of non-banks obtained without BSP approval/registration which can not be serviced using the foreign exchange resources of the Philippine banking system are excluded from "Item 4. Other Sectors" 1,748 2,249 2,026 2,012 2,154
(c) Long-term obligations under capital lease agreements which are excluded from
"Item 4. Other Sectors"
1,428 1,340 1,307 1,293 1,261