SDDS:  External Debt 1/              
In Million USD              
   
  Outstanding 1/ Outstanding 1/ 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 as of End as of End
  Dec-2010 Dec-2011 Dec-2012 Dec-2013 Mar-2014 Jun-2014 Sep-2014
1.  General Government 35,688 36,117 35,337 31,755 32,043 32,308 32,499
a.  Short-term  
1.  Bonds and notes  
b.  Long-term 35,688 36,117 35,337 31,755 32,043 32,308 32,499
1.  Bonds and notes 16,606 16,341 16,605 15,890 15,828 16,293 16,675
2.  Trade credits  
3.  Loans 19,083 19,776 18,733 15,865 16,216 16,015 15,823
2.  Monetary Authorities 1,459 1,465 1,451 1,455 1,460 1,463 1,419
a.  Short-term  
1.  Loans  
2.  Deposits  
b.  Long-term 1,459 1,465 1,451 1,455 1,460 1,463 1,419
1.  Bonds and notes 175 173 159 167 167 170 172
2.  Loans  
3.  Deposits  
4.  Use of IMF credits  
5.  Other debt liabilities 2/ 1,285 1,293 1,292 1,288 1,294 1,294 1,246
3.  Banks 6,727 7,810 9,087 11,496 10,394 10,279 10,005
a.  Short-term 3,153 3,936 5,177 7,966 6,678 5,962 5,921
1.  Loans 2,037 2,749 4,218 6,052 5,036 4,053 4,102
2.  Deposits 1,116 1,187 959 1,914 1,642 1,909 1,818
b.  Long-term 3,574 3,874 3,910 3,530 3,716 4,318 4,084
1.  Bonds and notes 3/ 556 797 1,202 1,159 1,182 1,203 1,118
2.  Loans 2,943 2,982 2,677 2,343 2,375 2,956 2,788
3.  Deposits 75 95 31 28 159 159 178
4.  Other Sectors 14,667 13,706 13,213 12,045 12,695 12,167 11,946
a.  Short-term 3,143 3,077 3,306 3,246 3,862 3,606 3,592
1.  Bonds and notes  
2.  Trade credits 2,817 2,674 2,898 2,680 3,293 3,174 3,145
3.  Loans 326 403 408 566 569 432 447
b.  Long-term 11,524 10,629 9,907 8,799 8,833 8,562 8,354
1.  Bonds and notes 4,525 3,987 3,894 3,614 3,741 3,718 3,682
2.  Trade credits 101 95 109 139 138 139 135
3.  Loans 6,898 6,547 5,904 5,046 4,954 4,705 4,536
5.  Direct investment:  Intercompany lending 1,506 1,343 1,250 1,755 1,748 1,888 1,862
1.  Loans 1,506 1,343 1,250 1,755 1,748 1,888 1,862
Total 60,048 60,442 60,337 58,506 58,341 58,106 57,730
               
1/  Excludes the following monitored private sector accounts:  
(a) Gross "Due to Head Office/Branches Abroad" of branches and offshore banking units of foreign banks operating in the Philippines, which are treated as quasi-equity in view of nil and/or token amounts of permanently assigned capital required of these banks, are excluded from  "Item 3. Banks"                 4,268                 5,272                 8,077                 5,790                 6,398                 5,850                 4,872
(b) Private sector 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"                 8,314                 8,958               10,203               13,006               13,124               13,566               13,463
(c) Long-term obligations under capital lease agreements which are excluded from
"Item 4. Other Sectors"
                   995                    818                 1,214                 1,206                 1,148                 1,120                 1,120
2/  Includes accumulated SDR allocations from the IMF, in line with BPM6  
3/  Includes outstanding Hybrid Tier 1 capital of banks  
Effective March 31, 2004, Philippine external debt statistics have been revised to reclassify    
Offshore Banking Units in the Philippines as residents for statistical purposes.  
Source:  International Operations Department  
12/12/2014