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geopolitical··severity 6

Филиппины предупреждают о валютных рисках, поскольку крупным компаниям грозит долг в размере 26 миллиардов долларов

Филиппинские финансовые регуляторы оценивают потенциальные валютные риски, поскольку крупные конгломераты сталкиваются с крупными долговыми обязательствами в размере около 1,6 триллиона песо (26 миллиардов долларов США) в течение следующих трех лет.

Сценарии цепочки

A

Escalation

50%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** Philippine conglomerates face increasing pressure to refinance or restructure debt due to rising interest rates and currency devaluation. This triggers increased foreign exchange outflows as they seek to secure funding, potentially leading to a widening of the current account deficit. * **Confirmation Indicators:** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines. * **Time Horizon:** Within 30 days **Scenario B (Status Quo): 38%** * **Chain:** Regulatory measures are implemented to mitigate potential risks, including stricter foreign exchange regulations and increased scrutiny of debt financing practices. This leads to a slower pace of borrowing by conglomerates but avoids a major fina

Индикаторы подтверждения: ** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines., * **Time Horizon:** Within 30 days
B

Status Quo

38%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** Philippine conglomerates face increasing pressure to refinance or restructure debt due to rising interest rates and currency devaluation. This triggers increased foreign exchange outflows as they seek to secure funding, potentially leading to a widening of the current account deficit. * **Confirmation Indicators:** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines. * **Time Horizon:** Within 30 days **Scenario B (Status Quo): 38%** * **Chain:** Regulatory measures are implemented to mitigate potential risks, including stricter foreign exchange regulations and increased scrutiny of debt financing practices. This leads to a slower pace of borrowing by conglomerates but avoids a major fina

Индикаторы подтверждения: ** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines., * **Time Horizon:** Within 30 days
C

De-escalation

13%

## Scenario Analysis **Scenario A (Escalation): 50%** * **Chain:** Philippine conglomerates face increasing pressure to refinance or restructure debt due to rising interest rates and currency devaluation. This triggers increased foreign exchange outflows as they seek to secure funding, potentially leading to a widening of the current account deficit. * **Confirmation Indicators:** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines. * **Time Horizon:** Within 30 days **Scenario B (Status Quo): 38%** * **Chain:** Regulatory measures are implemented to mitigate potential risks, including stricter foreign exchange regulations and increased scrutiny of debt financing practices. This leads to a slower pace of borrowing by conglomerates but avoids a major fina

Индикаторы подтверждения: ** Significant increases in bond yields for Philippine firms, sharp decline in the peso's value against major currencies (USD/PHP), and significant capital flight from the Philippines., * **Time Horizon:** Within 30 days

Первичный источник: Bloomberg Markets

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