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...
The Bureau of the Treasury is planning to borrow P140 billion from the domestic market in October this year. According to an online advisory posted today, the Treasury indicated that the national government will sell P80 billion worth of Treasury bills (T-bills) and P60 billion in Treasury bonds...
Finance Secretary Carlos G. Dominguez III has urged the raffle winners of the small investor-targeted Premyo bonds to consider using their cash rewards to reinvest in government debt securities or start their own small businesses and help create jobs. Finance Secretary Carlos G....
The Bureau of the Treasury on Tuesday fully rejected bids for the reissued 10-year treasury bonds. The debt papers, with nine-year and nine-month to maturity, fetched an average rate of 3.329 percent, higher than the secondary market benchmark and trading rate for the security. Nevertheless, the...
Albert Pujols #5 of the Los Angeles Angels hits a two-run home run to take the lead during the eighth inning against the Colorado Rockies at Coors Field on September 13, 2020 in Denver, Colorado. The home run was Pujos 660 of his career, tying him with Willie Mays for 5th all time. Justin...