Table B.23
FOREIGN DEBT SERVICE FOR LIABILITIES ASSUMED BY THE NATIONAL GOVERNMENT, 2000-2002
(In thousand US dollars)
		2000			2001			2002
Particulars	Curr	Interest	Principal		Interest	Principal		Interest	Principal
		Payments	Amortization	Total	Payments	Amortization	Total	Payments	Amortization	Total
PHILIPPINE NATIONAL BANK		2,238	6,708	8,946	1,684	8,838	10,522	1,683	98,026	99,709
I.    Real Account		595	2,323	2,918	368	1,863	2,231	220	1,863	2,083
Commercial Loans		445	1,576	2,021	284	1,576	1,860	125	1,576	1,701
Bank Dagang Negara	USD	323	1,150	1,473	207	1,150	1,357	105	1,150	1,255
Wells Fargo Bank	USD	25	87	112	16	87	103	8	87	95
Unidenmark Asia Ltd	USD	37	129	166	23	129	152	12	129	141
Unidenmark Asia Ltd	USD	60	210	270	38	210	248		210	210
Bilateral Loans		150	747	897	84	287	371	95	287	382
Finnish Export	USD	82	604	686	0	0	0	0	0	0
Finnish Export	USD	68	143	211	84	287	371	95	287	382
II.   Contingent Obligations		1,643	4,385	6,028	1,316	6,975	8,291	1,463	96,163	97,626
Commercial Loans		0	0	0	0	0	0	0	89,188	89,188
Other Rescheduling		0	0	0	0	0	0	0	7,512	7,512
China Machinery (upon demand)	USD	0	0	0	0	0	0	0	7,512	7,512
NIDC-Other Guaranteed(Upon demand)		0	0	0	0	0	0	0	60,930	60,930
Barclays Bank	GBP	0	0	0	0	0	0	0	0	0
Banque Paribas	FFR	0	0	0	0	0	0	0	444	444
EDC	CAN	0	0	0	0	0	0	0	179	179
Ultrafin AG	USD	0	0	0	0	0	0	0	717	717
Security Bank	USD	0	0	0	0	0	0	0	2,180	2,180
Chase Manhattan	USD	0	0	0	0	0	0	0	33,088	33,088
Indosuez	USD	0	0	0	0	0	0	0	18,598	18,598
Metrobank	USD	0	0	0	0	0	0	0	509	509
Century Bank	USD	0	0	0	0	0	0	0	5,215	5,215
Due Financial Institutions (upon demand)		0	0	0	0	0	0	0	8,333	8,333
BA Asia Ltd HK (upon demand)	USD	0	0	0	0	0	0	0	8,333	8,333
Unused Commercial LCs (upon demand)		0	0	0	0	0	0	0	5,913	5,913
Takachito Shuji Co Ltd	YEN	0	0	0	0	0	0	0	24	24
Vibratex Services	USD	0	0	0	0	0	0	0	974	974
Samia Private Ltd	USD	0	0	0	0	0	0	0	515	515
Vicente R. Chuidian	USD	0	0	0	0	0	0	0	4,400	4,400
Performance Bonds  (upon demand)		0	0	0	0	0	0	0	6,500	6,500
National Comm Bank	SAR	0	0	0	0	0	0	0	1,578	1,578
National Comm Bank	SAR	0	0	0	0	0	0	0	4,922	4,922
Bilateral Loans		1,643	4,385	6,028	1,316	6,975	8,291	1,463	6,975	8,438
Midland Bank (113-75)	GBP	105	112	217		220	220	80	220	300
Credit Lyonnais SFM 44-80)	FFR	0	0	0	0	0	0	0	0	0
Credit Lyonnais	FFR	6	98	104	0	0	0	0	0	0
Credit Lyonnais	FFR	35	45	80	34	88	122	29	88	117
Sumitomo Corp	YEN	33	103	136	29	196	225	36	196	232
Toyo Corp	YEN	33	104	137	30	198	228	36	198	234
Marubeni Corp  - Basay Mining	YEN	167	526	693	150	1,001	1,151	184	1,001	1,185
Marubeni Corp  - Domsat	YEN	86	270	356	77	514	591	94	514	608
Marubeni Corp  -  Casuco	YEN	249	784	1,033	223	1,491	1,714	273	1,491	1,764
Marubeni Corp  -  Busco	YEN	156	490	646	140	933	1,073	171	933	1,104
Marubeni Corp  -  Upsumco	YEN	147	460	607	131	876	1,007	161	876	1,037
Marubeni Corp - Busco	USD	20	532	552	0	0	0	0	0	0
Marubeni Corp - Busco	USD	5	132	137	0	0	0	0	0	0
Marubeni Corp  - Busco	USD	323	377	700	269	754	1,023	174	754	928
Toyoda Tsusho Kaisha Co	USD	49	57	106	41	114	155	26	114	140
Eximbank of USA	USD	196	259	455	171	518	689	175	518	693
Morgan Grenfell & Co	USD	12	13	25	8	27	35	9	27	36
Morgan Grenfell & Co	USD	21	23	44	13	45	58	15	45	60
DEVELOPMENT BANK OF THE PHILIPPINES		17,706	60,285	77,991	11,725	44,954	56,679	11,818	44,999	56,817
I.    Real Account		3,124	9,174	12,298	1,866	6,528	8,394	1,820	6,573	8,393
Bilateral Loans		3,124	9,174	12,298	1,866	6,528	8,394	1,820	6,573	8,393
Private Export Funding Corp	USD	16	21	37	14	42	56	14	42	56
US Eximbank	USD	21	28	49	18	56	74	19	56	75
USAID 492-A-007	USD	7	0	7	7	0	7	7	12	19
USAID 492-H-025	USD	1	35	36	0	0	0	0	0	0
USAID 492-H-025	USD	4	0	4	12	0	12	12	21	33
USAID 492-H-026	USD	0	0	0	0	0	0	0	0	0
USAID 492-H-026	USD	16	0	16	16	0	16	7	12	19
Mantrust, London	USD	20	592	612	0	0	0	0	0	0
Mantrust, London	USD	206	224	430	171	447	618	115	447	562
Banco Exterior de Espana $81M	USD	93	2,921	3,014	0	0	0	0	0	0
Banco Exterior de Espana $81M	USD	1,575	1,819	3,394	1,343	3,639	4,982	880	3,639	4,519
Banco Exterior de Espana $7.8M	USD	10	302	312	0	0	0	0	0	0
Banco Exterior de Espana $7.8M	USD	163	188	351	139	376	515	91	376	467
Banco Exterior de Espana $1.7M	USD	2	66	68	0	0	0	0	0	0
Banco Exterior de Espana $1.7M	USD	36	41	77	30	82	112	20	82	102
Japan Eximbank Y6B	YEN	73	1,825	1,898	0	0	0	0	0	0
Japan Eximbank Y6B	YEN	758	851	1,609		1,618	1,618	535	1,618	2,153
Midland Bank	GBP	17	19	36	20	37	57	22	37	59
Dresdner Bank	DEM	12	10	22	11	20	31	9	20	29
International Bank Fuer Aussenhandel	ATS	24	125	149	0	0	0	0	0	0
International Bank Fuer Aussenhandel	ATS	70	107	177	85	211	296	89	211	300
II.   Contingent Obligations		14,582	51,111	65,693	9,859	38,426	48,285	9,998	38,426	48,424
Commercial Loans		137	514	651	94	514	608	46	514	560
Security Pacific National	USD	131	466	597	85	466	551	43	466	509
American Express Bank Ltd	DEM	2	16	18	3	16	19	1	16	17
Amercian Express Bank Ltd	DEM	2	16	18	3	16	19	1	16	17
American Express Bank Ltd	DEM	2	16	18	3	16	19	1	16	17
Bilateral Loans		14,445	50,597	65,042	9,765	37,912	47,677	9,952	37,912	47,864
Platt Saco Lowell	USD	7	215	222	0	0	0	0	0	0
Platt Saco Lowell	USD	80	87	167	68	175	243	45	175	220
Marubeni Corp (Fuji Bank)	USD	37	975	1,012	0	0	0	0	0	0
Marubeni Corp (Fuji Bank)	USD	688	803	1,491	773	1,607	2,380	650	1,607	2,257
Mitsubishi Heavy Industries	YEN	61	5,281	5,342		0	0	0	0	0
Mitsubishi Heavy Industries	YEN	1,038	3,260	4,298	929	6,202	7,131	1,137	6,202	7,339
Marubeni Corporation	YEN	206	17,993	18,199	0	0	0	0	0	0
Marubeni Corporation	YEN	3,527	11,079	14,606	3,156	21,077	24,233	3,865	21,077	24,942
Dresdner Bank (Lurgie Chemie)	DEM	7	183	190	0	0	0	0	0	0
Dresdner Bank (Lurgie Chemie)	DEM	121	98	219	104	193	297	87	193	280
Banque Francaise due Commerce Ext.	FFR	109	133	242	96	263	359	83	263	346
Banque Francaise due Commerce Ext.	FFR	2,977	13	2,990	9	25	34	8	25	33
Banque de Indochine Et de Suez	FFR	8	1	9	1	2	3	1	2	3
Societe Generale de Banque	BEF	39	1,922	1,961	0	0	0	0	0	0
Societe Generale de Banque	BEF	675	1,205	1,880	686	2,378	3,064	664	2,378	3,042
Banque de Benelux	BEF	116	207	323	118	409	527	114	409	523
Banco Exterior de Espana	ESP	243	4,314	4,557	0	0	0	0	0	0
Banco Exterior de Espana	ESP	4,506	2,828	7,334	3,825	5,581	9,406	3,298	5,581	8,879
PHILIPPINE NUCLEAR POWER PLANT/ NPC		12,577	36,212	48,789	10,586	32,164	42,750	10,875	32,164	43,039
Bilateral Loans		12,577	36,212	48,789	10,586	32,164	42,750	10,875	32,164	43,039
American Express - A	USD	66	2,622	2,688	0	0	0	0	0	0
American Express - B	USD	66	2,624	2,690	0	0	0	0	0	0
American Express - A & B	USD	1,786	2,356	4,142	1,551	4,713	6,264	1,593	4,713	6,306
Bank of Tokyo A	USD	107	4,246	4,353	0	0	0	0	0	0
Bank of Tokyo A	USD	767	1,011	1,778	666	2,022	2,688	684	2,022	2,706
US Eximbank 6122	USD	146	5,807	5,953	0	0	0	0	0	0
US Eximbank 6122	USD	8,196	10,811	19,007	7,116	21,622	28,738	7,310	21,622	28,932
Union Bank of Switzerland	USD	101	4,019	4,120	0	0	0	0	0	0
Union Bank of Switzerland	USD	1,246	1,644	2,890	1,082	3,288	4,370	1,112	3,288	4,400
Japan MITI (Mitsui & Co.)	YEN	9	799	808	0	0	0	0	0	0
Japan MITI (Mitsui & Co.)	YEN	87	273	360	171	519	690	176	519	695
NATIONAL DEVELOPMENT COMPANY		543	3,477	4,020	413	2,241	2,654	351	2,324	2,675
I.    Real Account		417	1,560	1,977	366	1,432	1,798	297	1,515	1,812
Commercial Loans		383	1,432	1,815	308	1,432	1,740	239	1,432	1,671
ICO - First Tranche	USD	101	458	559	74	458	532	51	458	509
ICO - Second Tranche	USD	123	458	581	99	458	557	76	458	534
ICO - Third Tranche	USD	159	458	617	135	458	593	112	458	570
Belgian F.A. - First Tranche	BEF	0	29	29	0	29	29	0	29	29
Belgian F.A. - Second Tranche	BEF	0	29	29	0	29	29	0	29	29
Bilateral Loans		34	128	162	58	0	58	58	83	141
ICO - First Tranche	USD	2	64	66	0	0	0	0	0	0
ICO - First Tranche	USD	19	0	19	37	0	37	37	53	90
ICO - Second Tranche	USD	2	64	66	0	0	0	0	0	0
ICO - Second Tranche	USD	11	0	11	21	0	21	21	30	51
II.   Contingent Obligations		126	1,917	2,043	47	809	856	54	809	863
Davy Mckee	USD	3	8	11	6	15	21	4	15	19
Marubeni Corporation (Philphos)	YEN	12	1,079	1,091	0	0	0	0	0	0
Marubeni Corporation (Philphos)	YEN	23	142	165	41	271	312	50	271	321
Societe Generale	BEF	9	423	432	0	0	0	0	0	0
Societe Generale	BEF	79	265	344	0	523	523	0	523	523
TRADE AND INVESTMENT DEVELOPMENT
CORPORATION (TIDCOR) formerly PHILGUARANTEE		330	480	810	281	883	1,164	283	1,672	1,955
II.   Contingent Obligations		330	480	810	281	883	1,164	283	1,672	1,955
Commercial Loans		21	73	94	12	68	80	7	857	864
Saudi Investment Bank (upon demand)	SAR	0	0	0	0	0	0	0	789	789
Amanah Chase Merchant Bank	USD	3	9	12	2	9	11	1	9	10
Aetna Universal		1	5	6	0	0	0	0	0	0
First National Bank of Chicago	USD	17	59	76	10	59	69	6	59	65
Bilateral Loans		309	407	716	269	815	1,084	276	815	1,091
Norhtwest Bank of Minneapolis	USD	5	7	12	5	14	19	5	14	19
First National Bank of Chicago	USD	304	400	704	264	801	1,065	271	801	1,072
PHILIPPINE AIRLINES		302	4,878	5,180	83	230	313	72	230	302
Bilateral Loans		302	4,878	5,180	83	230	313	72	230	302
Hermes Dresdner Bank	DEM	59	1,435	1,494		0	0	0	0	0
Hermes Dresdner Bank	DEM	0	0	0	0	0	0	0	0	0
Credit Lyonnais	FFR	6	154	160	0	0	0	0	0	0
Credit Lyonnais	FFR	18	26	44	19	53	72	16	53	69
Credit Lyonnais	USD	57	1,448	1,505	0	0	0	0	0	0
Credit Lyonnais	USD	105	89	194	64	177	241	56	177	233
Export Development Corporation	USD	7	27	34	0	0	0	0	0	0
Midland Bank	USD	29	855	884	0	0	0	0	0	0
US Eximbank	USD	21	844	865	0	0	0	0	0	0
US Eximbank	USD	0	0	0	0	0	0	0	0	0
GRAND TOTAL		33,696	112,040	145,736	24,772	89,310	114,082	25,082	179,415	204,497
SOURCE:  Bureau of Treasury, DBM
Note: For 2000, foreign exchange used are the Original currency to US Dollar - BSP reference rate prevailing on December 29, 2000