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Discover Latest #Debt service News, Articles and Videos with Contenting
- August, 2017 Debt service is a term used to describe the payments made on a loan or debt. These payments can be made on a monthly, quarterly, or yearly basis, and may include principal, interest, or other fees. Debt service payments are typically used to pay off the principal balance of a loan or debt over time, as well as any associated interest or fees. In some cases, debt service payments may also be used to pay down the principal balance of a loan or debt. Debt service payments can be made to a lender, creditor, or other third party, depending on the details of the loan or debt.
November debt service bill slips - BusinessWorld Online
THE NATIONAL Government’s (NG) debt service bill slipped by 7.7% in November due to a drop in amortization payments, according to the Bureau of the Treasury (BTr). Data from the BTr showed debt payments fell to P56.674 billion from P61.393 billion a year earlier. Month on month, debt payments declined by 27% from P77.76 billion […]
Debt service bill hits P1.6T in 2023 - BusinessWorld Online
THE NATIONAL Government’s (NG) debt service bill jumped to P1.604 trillion in 2023, exceeding its program for the year by 3%, the Bureau of the Treasury (BTr) reported. Data from the BTr showed that the NG’s debt repayments rose by 24% from the P1.293 trillion recorded in 2022. It also exceeded the P1.552-trillion program for […]
PHL Jan. debt service up threefold to P159B - BusinessWorld Online
THE NATIONAL Government’s (NG) debt service bill more than tripled to P158.898 billion in January as both principal and interest payments rose, the Bureau of the Treasury (BTr) reported. Latest data from the BTr showed that the debt repayments in January surged by 232.2% from the P47.831 billion recorded in the same month a year […]
Philippines’ January external debt service more than doubles - BusinessWorld Online
THE PHILIPPINES’ external debt payments more than doubled in January as principal payments surged, central bank data showed. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s external debt service burden soared by 110% to $1.729 billion from $823 million a year ago. The debt service burden refers to the amount […]