Of the total, domestic debt amounted to P1.28 trillion, up 0.3 percent from February, while foreign debt stood at P1.22 trillion, up 5.1 percent.
Total National Government debt is composed of 16.4 percent in short-term liabilities, 19.8 percent in medium-term and 63.8 percent in long term liabilities.
Foreign loans rose from P542.2 billion in February to P550.6 billion in March. Foreign loans contracted by the National Government and relent to government owned and controlled corporations (GOCCs) rose from P81.65 billion in February to P83 billion by March.
Foreign denominated securities reached P580 billion in March, from P530 billion the month before. Of the total, US dollar bonds and notes amounted to P489.4 billion, Japanese yen bonds P44.23 billion, and Euro Bonds P46.4 billion. – Ted Torres