The Duterte administration has successfully returned to the Japanese debt market, raising about P24.2 billion to fund the government’s coronavirus response and support the country’s economic recovery plan. The Bureau of the Treasury announced on Tuesday, March 30, that the national...
The Bureau of the Treasury made a full award at Tuesday’s auction yesterday (March 9), of seven-year debt paper despite higher interest rate. The government’s Treasury bonds (T-bonds) maturing May 2027 averaged at 3.732 percent, significantly higher compared with 2.791 percent fetched on...
The National Home Mortgage Finance Corporation (NHMFC) has raised a total of P319.32 million with the closing of its fourth securitization transaction called ‘BALAI Bonds 2’, for a portion of its Residential Loan portfolio. The transaction consists of one tranche of Senior Notes and one tranche...
The administration has maintained its domestic borrowing program at P140 billion in February, but with longer tenors, data from the Bureau of the Treasury revealed. According to an online advisory, the Treasury indicated that the national government will sell P80...
The government will continue to explore the issuance of securities indexed to inflation and the gross domestic product (GDP) to amplify economic growth and ensure liquidity. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said index-linked bonds – these are securities indexed to...
The Duterte administration has increased its domestic borrowing program for the first month of next year, data from the Bureau of the Treasury revealed. According to an online advisory, the Treasury indicated that the national government will sell P80 billion worth...
The Securities and Exchange Commission (SEC) announced that it has approved the securitization of P319.32 million worth of National Home Mortgage Finance Corporation’s (NHMFC) residential loan portfolio. In a statement, the SEC said the Commission En Banc approved the secondary mortgage...
DBP President and Chief Executive Officer Emmanuel G. Herbosa The Development Bank of the Philippines (DBP) is raising at least P5 billion from the second issuance of Peso-denominated Bonds from its P50-billion bond to fund development projects in priority sectors. The DBP Bonds, which will have a...
National Home Mortgage Finance Corporation (NHMFC) is planning a fourth securitization exercise called BALAI Bonds 2, for a portion of its Residential Loan portfolio. The exercise will involve a total issuance of around P319.322 million, consisting of one tranche of Senior Notes and one tranche of...
The Bureau of the Treasury sold P30 billion worth of debt notes at yesterday’s auction. The 10-year re-issued Treasury bonds fetched an average rate of 2.782 percent, after highest bid reached 2.835 percent while lowest asking was at 2.675 percent. Total tenders reached P68.66 billion....
Agrinurture Inc. (ANI), the listed agriculture company of businessman Antonio Tiu, is planning to raise up to EUR 75 million (P4.29 billion) through the issuance of long term Green Bonds and commercial papers. In a disclosure to the Philippine Stock Exchange, the firms aid its Board of...
JG Summit Holdings, Inc. (JGSHI) has maintained the top issue credit rating of PRS Aaa, with a Stable Outlook, for its outstanding P5.5 billion Fixed-Rate Bonds as it is seen to weather the challenges posed by the COVID-19 pandemic. In giving the bonds its triple-A rating, Philippine Rating...
