The amount is 36 percent higher than the $2.81 billion recorded in the same period last year.
This brought the public sector foreign borrowings to $10.58 billion in the ninemonth period.
According to the BSP, the bulk of the third quarter borrowings consisted of one bond issuance worth $2.5 billion.
"The bond issuance will fund the government's general budget financing and refinancing of assets in line with the country's sustainable finance framework," the BSP said.
Bu hikaye The Philippine Star dergisinin October 23, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin October 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
UST, DLSU Suspend Classes on EDSA Day
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