FORM ST-2

ANNEX E.1
(As amended by Circular Nos. 742 dated 21 Nov 2011, 794 dated 18 Apr 2013, 984 dated 22 Dec 2017 and 1030 dated 5 Feb 2019)

Submission/Deadline: Five (5) banking days after end of reference month

to International Operations Department at email
address: [email protected]

BANGKO SENTRAL NG PILIPINAS

INTERNATIONAL OPERATIONS DEPARTMENT
REPORT ON SHORT-TERM FOREIGN BORROWINGSa
For the Month of ______________________
(In Original Currency of the Loan)

Name of Borrower ___________________________________________

TRANSACTIONS FOR THE MONTH

Payment Balances at the End of Month
Outstanding Loan
Loan Reference Creditor Type of Original Balance Transaction Disbursement/ Roll-overs Interest Amount Fees/Costs Undrawn Commitmentg
No. Creditb Currency Beginning of Month Datec Availment Transaction Outstanding Loan
Due Datec FX Sourced Rate (net of cancelled Balance
(In % p.a.) amount)
Principale Interest Typef Amount

Prepared by: Certified True and Correct:

Signature over Printed Name Signature over Printed Name of Authorized Officer
Position: __________________________________________________________ Position: ______________________________________________________
Tel No.: _________________________ Fax No.: _________________________ Tel No.: _______________________ Fax No.: _______________________
Email Address: ____________________________________________________ Email Address: _________________________________________________

a
For initial reporting of foreign loans obtained without prior BSP approval/registration, this form shall be submitted with Annex E.3 of the Manual of Regulations on Foreign Exchange Transactions (FX Manual), as amended. Indicate if transactions pertain to obligations arising from export advances from buyers abroad.
b
Indicate whether the borrowing is a fixed-term loan or a revolving credit facility
c
Use the following format for dates: DD-MMM-YYYY (e.g. 01-Dec-2017)
d
Indicate source of payments of principal, interest and fees/costs: (a) AAB: authorized agent banks (not covered by derivatives); (b) AAB-FC: AAB forex corps; (c) NBK: non-banks; (d) FCDU: Foreign Currency Deposit Unit - own funds [not purchased from AABs/AAB forex corps (e.g., FX earnings)]; (e) FCDU ADV: FCDU - advanced
purchase of FX from AABs/AABs forex corps (f) OFS A/C: offshore account; (g) PHP ONS: PHP onshore; (h) CI: capitalized interest; (i) AAB DR: authorized agent banks (under derivatives contract)
e
For prepayment, indicate the reason for prepayment as footnote
f
Indicate type of fee: (a) COM: commitment fee; (b) AGN: agency fee; (c) GRT: guarantee fee; (d) FRE: front-end fee; (e) MGT: management fee; (f) UND: underwriting fee; or (g) OTH: others (pleasy specify)
g
Cancelled amount of <amount in original currency> on <cancellation date>
 II. SPECIFIC INSTRUCTIONS
I. GENERAL INSTRUCTIONS
The following are the specific information to be indicated under each column:
1. All ST foreign loans obtained by public and private sector entities from offshore sources, whether with BSP approval/registration or not,
shall be regularly reported by the resident borrower to the BSP-International Operations Department (IOD) within five (5) banking days 1. LOAN REFERENCE NO. - to be provided by the Borrower. Usually it is the Bank Account Reference No.
after the end of each reference month until the obligations are fully paid. This report shall be used, among others, for statistical purposes
and policy formulation. 2. CREDITOR - refers to name of the: (a) lender (for loans); in the case of a syndicated loan, indicate lead creditor; (b) payee/supplier (for importations under
deferred payment arrangement); (c) buyer (for export advances); and (d) in case of bonds/notes issue, please indicate "Bond/Noteholder"
2. For initial reporting of loans obtained without prior BSP approval/registration, this form shall be submitted with Annex E.3 of the
Manual of Regulations on Foreign Exchange Transactions (FX Manual). 3. ORIGINAL CURRENCY – currency of commitment

3. Outstanding Loan Balance (End of Month) column shall be filled out for all outstanding obligations whether or not there are 4. OUTSTANDING LOAN BALANCE, BEGINNING OF MONTH – amount of outstanding and unpaid principal as of beginning of the reporting period
transaction/s for the report month. Should there be no transactions during the month, please indicate “NO TRANSACTION” and submit
the report to the BSP. 5. TRANSACTION DATE – date of the transactions (availment or drawdown; and payment for principal, interest and fees/costs) for the month when the
transaction was made
4. Amounts shall be reported in original currency. For accounts disbursed in another currency or reckoned based on another currency,
(e.g., loan committed in US dollar equivalent of a certain Yen amount and disbursed in Yen), the exchange rate used for converting the 6. DISBURSEMENT/AVAILMENT – loan amount disbursed for the month
amounts shall be reflected as a footnote for reference/verification purposes.
7. ROLL-OVERS - pertain to renewal/re-availment of loan/s or extension of original maturity dates
5. Should there be adjustments to transactions previously reported, the correct/adjusted amount shall be indicated in the appropriate
column, i.e., whether commitment, availment or payment, with a “+” sign and the previously reported incorrect amount with a "-" sign for 8. TRANSACTION DUE DATE – date when payment for principal, interest and fees/costs should be made based on the loan amortization schedule indicated
easy tracking of changes/adjustments. The explanation for such adjustments should be indicated by a footnote in the report. in the loan agreement (and amendments thereto, if any)

6. The report shall be certified and signed by an authorized senior officer of the reporting firm. The company personnel who prepared the 9. FX SOURCE – source of payments of principal, interest and fees/costs
report should also be indicated in the space provided.
10. INTEREST RATE - final interest rate (in percent per annum) charged on the loan amount or shipment (in the case of trade transactions)
11. PRINCIPAL – amount paid for principal due on the loan; in the case of a syndicated loan where a resident bank is part of the syndication, amounts
reported shall include the entire amount due under the loan, including the portion payable to the resident bank
12. INTEREST – amount paid for interest due on the loan; in the case of a syndicated loan where a resident bank is part of the syndication, amounts
reported shall include the entire amount due under the loan, including the portion payable to the resident bank
13. FEES/COSTS – amount paid to cover fees/costs related to the borrowing; in the case of a syndicated loan where a resident bank is part of the
syndication, amounts reported shall include the entire amount due under the loan, including the portion payable to the resident bank
14. UNDRAWN COMMITMENT - total committed amount less drawdowns/availments and cancellations, if any
15. OUTSTANDING LOAN BALANCE, END OF MONTH – amount of outstanding and unpaid principal as of end of reporting period which is equal to
outstanding loan balance beggining of month plus drawdown/availment less principal payment for the month