- 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.
THE GOVERNMENT’S debt service bill ballooned to P204.763 billion in April, the Bureau of the Treasury (BTr) said. Data from the BTr showed that the April debt service bill surged by 376.5% from P42.975 billion in the same month a year ago. Month on month, debt payments rose by 44% from P142.171 billion in March. […]
THE NATIONAL Government’s (NG) debt service bill ballooned to P819.526 billion as of end-May, data from the Bureau of the Treasury (BTr) showed. The debt service bill nearly doubled to P819.526 billion in the January-to-May period from P414.069 billion in the same period a year ago. In the first five months of the year, almost […]
During the post-State of the Nation Address (post-SONA) Philippine Economic Briefing (PEB) last week, July 25, at the Philippine International Convention Center, Finance Secretary Benjamin Diokno expressed continued optimism saying that “Higher economic activity and increased investments will bring us to even greater heights. The policy environment for foreign direct investments is the most open […]
Real estate investment has long been a cornerstone of wealth generation and financial stability. But, for many aspiring investors, the financial barriers to entry can seem insurmountable. This is where Debt Service Coverage Ratio (DSCR) loans come into play, providing a crucial tool for real estate investors to unlock opportunities and achieve their investment goals. […]
THE PHILIPPINES’ debt service burden on its external debt more than doubled as of end-May amid high global interest rates. Data from the Bangko Sentral ng Pilipinas (BSP) showed the Philippines’ debt service burden on its external debt increased by 160% to $6.5 billion from $2.5 billion a year ago. The debt service burden refers […]
THE debt service bill on foreign borrowing rose 155% in the first half (H1), as debt came due while interest was driven up by high borrowing costs. The Bangko Sentral ng Pilipinas (BSP) said the Philippines paid $7.46 billion in debt service during the period, against $2.92 billion a year earlier. “The increase in the […]