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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.
External debt service declines at end-May - BusinessWorld Online
THE COUNTRY’S external debt payments declined by 14.8% as of end-May, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. The Philippines’ debt service burden on its external borrowings fell to $5.62 billion from $6.595 billion a year ago. Central bank data showed principal payments slumped by 37.1% to $2.412 billion from $3.832 billion […]
External debt service burden down at end-July - BusinessWorld Online
THE PHILIPPINES’ external debt payments declined as of end-July amid a slump in principal payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt servicing on external borrowings dropped by 7.6% to $7.693 billion in the first seven months from $8.329 billion a year ago. BSP data showed principal payments fell by 28.1% […]