The Bangko Sentral ng Pilipinas (BSP) has issued a reminder to resident entities to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2025 and full year 2026 by September 30, 2025.
The BSP requires this submission from entities planning to obtain medium- to long-term foreign loans from non-residents or issue debt instruments—onshore or offshore—that involve foreign currency obligations. This mandate is outlined in the Manual of Regulations on Foreign Exchange Transactions (FX Manual).
According to the BSP, the data collected will support its role in assessing the country’s foreign funding requirementsand ensuring these borrowings are aligned with the country’s debt servicing capacity. The policy is part of the central bank’s broader mandate to regulate foreign borrowings and maintain macroeconomic stability.
