5    Total Philippine External Debt 1/                              
 As of 31 December 2023 (valued at 29 December 2023 rates)                        
 In million US dollars                              
Creditor     PUBLIC SECTOR   PRIVATE SECTOR  
TOTAL   Sub-Total Bangko Sentral   Banks National Gov't Others   Sub-Total Foreign Banks   Domestic Banks Non-Banks  
                               
TOTAL 125,394 77,829 3,849 1,805 70,989 1,186   47,565 5,153 13,432 28,980
Multilateral 33,105   32,872 3,751   128 28,899 94   234 15     218
Bilateral 15,196   10,344     664 9,179 501   4,852 387   600 3,864
Bondholders/Noteholders 40,946 a/ 33,542 97   231 32,709 504   7,405     2,766 4,639
Banks and Other Financial Institutions 28,664   1,067     778 203 86   27,597 3,337   8,260 16,000
Suppliers/Exporters 4,328                 4,328 64   11 4,253
Others 3,154   5     5       3,149 1,349   1,796 4  
SHORT-TERM 17,096   361     174 186     16,735 4,933 b/ 8,147 3,655  
Multilateral 15                 15 15        
Bilateral 782                 782 387   394 1  
Bondholders/Noteholders 186   186       186                
Banks and Other Financial Institutions 10,023   170     170       9,853 3,123   6,212 518  
Suppliers/Exporters 3,210                 3,210 64   11 3,135  
Others 2,879   5     5       2,874 1,344   1,530 0  
MEDIUM- AND LONG- TERM 108,298   77,468 3,849   1,631 70,802 1,186   30,830 220 c/ 5,285 25,325 d/  
Multilateral 33,090   32,872 3,751 e/ 128 28,899 94   218       218    
Bilateral 14,414   10,344     664 9,179 501   4,070     207 3,863    
Bondholders/Noteholders 40,760 f/ 33,355 97 g/ 231 32,522 504   7,405     2,766 4,639    
Banks and Other Financial Institutions 18,641 897     608 203 86   17,744 215   2,048 15,482    
Suppliers/Exporters 1,118                 1,118       1,118    
Others 275   0     0       275 5   265 4    
                               
1/ Covers debt owed to non-residents, with classification by borrower based on primary obligor per covering loan/rescheduling agreement/document
a/ Includes non-resident holdings of peso-denominated debt securities issued onshore amounting to US$4,368 million
b/ Includes ''Due to Head Office/Branches Abroad'' (DTHOBA) accounts of branches and offshore banking units of foreign banks operating in the Philippines amounting to US$2,634 million
c/ Includes ''Due to Head Office/Branches Abroad'' (DTHOBA) accounts of branches and offshore banking units of foreign banks operating in the Philippines amounting to US$31 million
d/ Includes US$10,918 million borrowings without BSP approval/registration and US$612 million obligations under capital lease agreements
e/ Pertains to Special Drawing Rights (SDR) allocations from the IMF SDR Department
f/ Excludes residents' holdings of Philippine debt papers issued offshore aggregating US$22,217 million
g/ Excludes residents' holdings of Philippine debt papers of the BSP issued offshore of US$403 million
                               
                               
Note: Amounts may not add up due to rounding                              
  Zero (0) denotes amount is less than US$0.5 million                              
                               
Source: International Operations Department