In line with the responsibility of the Bangko Sentral ng Pilipinas (BSP) to monitor capital flows and analyze their implications on the economy, an annual survey is conducted to get an indication of the magnitude and timing of the economy's financing requirements for the following year, as well as the purpose of such borrowings, among others. All resident entities, both public and private, intending to: (a) obtain medium- and long-term foreign loans from offshore sources (such as banks, foreign parent companies/ affiliates/shareholders), including offshore issuances of debt instruments; and (b) issue onshore debt instruments that require settlement in foreign currency, are required to submit their foreign borrowings plan for 2019 to the BSP, through the International Operations Department, not later than 30 September 2018.

All reported data are covered by strict confidentiality rules and used for the BSP's internal purposes only. The BSP, therefore, enjoins the cooperation of all concerned.

The standard reporting form [Annex D.3 (Medium and Long-term Foreign Borrowings Plan) of the Manual of Regulations on Foreign Exchange Transactions, as amended] may be downloaded from the BSP website at

Source: Bangko Sentral ng Pilipinas (BSP)