The Bangko Sentral ng Pilipinas (BSP) is reminding Philippine companies and government entities planning to tap overseas financing to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2026 and the full year of 2027 no later than September 30, 2026.
The central bank said the submission is mandatory for resident entities intending to secure medium- and long-term foreign loans or borrowings from non-residents, including those raising funds through offshore debt issuances. The requirement also covers entities planning to issue onshore debt instruments denominated in foreign currency.
The BSP emphasized that the reporting requirement is a key component of its oversight of the country’s external debt, allowing the central bank to assess the Philippines’ projected foreign funding needs and ensure that future borrowings remain manageable.
By collecting the data in advance, the BSP can better align foreign borrowing activities with the country’s debt-servicing capacity and maintain the orderly management of external obligations, in line with its mandate under the amended Manual of Regulations on Foreign Exchange Transactions (FX Manual).
Entities are required to accomplish Annex D.3 (Medium- and Long-term Foreign Borrowings Plan), which is available for download from the BSP’s official website.
Completed FBPs may be submitted electronically through the BSP’s International Operations Department:
- Public sector loans/borrowings: iod-iog1@bsp.gov.ph
- Private sector loans/borrowings: iod_loans@bsp.gov.ph
The BSP also accepts submissions through its designated online reporting portal.
The central bank assured respondents that all information submitted will be treated with strict confidentiality and used exclusively for internal policy and regulatory purposes, as provided under Section 23 of Republic Act No. 7653, as amended by Republic Act No. 11211.
The BSP encouraged all covered entities to comply with the September 30 deadline to support the country’s prudent external debt management and ensure accurate assessment of financing requirements for the coming year.
