The government’s debt service burden more than tripled in August, driven by higher amortization payments following a mammoth settlement of maturing bonds.

Debt payments surged by 257 percent year-on-year to P664.7 billion, according to the latest cash operation report from the Bureau of the Treasury.

This increase brought the eight-month tally to P1.54 trillion, which remains nearly flat compared to the previous period.
https://business.inquirer.net/550897/govt-debt-service-surged-by-257-in-aug-to-p664-7b