The Philippines will soon launch its maiden $500-million green bonds in the offshore debt markets to help raise funds for the country’s clean energy projects and other sustainable initiatives, the Department of Finance (DOF) announced. Finance Secretary Carlos G. Dominguez III said in a statement...
The interest rate for long-term Philippine debt papers dropped to 4.089 percent from the 4.564 percent in December last year amid lingering anticipation over unwinding monetary policies in the United States. The Bureau Treasury reported on Wednesday, Feb. 2, that investors at the auction for the...
BDO Unibank, Inc. has successfully raised P52.7 billion from the issuance of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds under its P365 billion Bond Programme. In a disclosure to the Philippine Stock Exchange, the bank said the amount it raised was more than 10 times the original offer...
Lingering anticipation over unwinding monetary policies in the United States pushed up the interest rate for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Jan. 18, the coupon rate for new 10-year Treasury bond fetched 4.875 percent, up from an interest rate of...
The benchmark interest rate on debt falling due in four years and two months rose at Tuesday's auction of the government IOUs at the Bureau of the Treasury. Investors were willing to buy as much as P58.277 billion of the reissued five-year Treasury bonds, more than the government's offer of P35...
BDO Unibank, Inc. has kicked off of its public offering of P5 billion worth of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds as the third issuance under its P365 billion Bond Programme. In a statement, the bank said “The net proceeds of the issue are intended to diversify the Bank’s...
The government rejected all bids for long-term debt papers as investors sought a higher yield. At the Bureau of the Treasury’s auction on Tuesday, Jan. 4, investors had sought a return of 4.814 percent for the reissued seven-year Treasury bonds, higher than the previous yield of 4.468 percent...
The government rejected all bids for its long-term debt papers on Tuesday, Dec. 14, after investors sought higher yields. National Treasurer Rosalia V. De Leon said there is more room for yields to decline following deceleration in inflation last month and assurance from the central bank governor...
Investors pressed for an increase in Philippine benchmark interest rate for a long-term loan. This was manifested at the Treasury's bond auction on Tuesday, Dec. 7 where government rejected bids for the 10-year notes as investors sought higher returns for buying those securities. Total tenders...
The Bureau of the Treasury has scaled down its domestic borrowing program for December due to strong demand for the ongoing retail bond offering and fewer working days. National Treasurer Rosalia V. de Leon said on Thursday, Nov. 25, that the national government plans to borrow only P70 billion...
The government is finalizing its sustainable finance framework for the issuance of the Philippines’ first-ever sovereign green bonds, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said on Friday, Nov. 19, that the establishment of the framework is a key step in...
Speculation about a possible policy rate adjustment and higher full-year inflation pushed up the yield for long-term Philippine debt papers. At a Bureau of the Treasury auction on Tuesday, Nov. 9, the interest rate for the 10-year Treasury bond went up to 5.130 percent from 4.468 percent last...
