The Securities and Exchange Commission (SEC) has approved Energy Development Corporation’s plan to offer up to P15 billion worth of fixed-rate ASEAN green bonds. In its meeting on June 8, the Commission En Banc resolved to render effective the registration statement of EDC covering securities...
The Duterte administration has raised its domestic borrowing program next month as the government plans to hold a weekly auction of long-term IOUs, data from the Bureau of the Treasury showed. According to an online advisory released on today, May 26, the Treasury indicated that the national...
The national government’s borrowing breached the P1-trillion mark in the first-quarter of the year as the Duterte administration takes advantage of low interest rates in bridging the wider gap between its expenditures and revenues. Data from the Bureau of the Treasury showed that gross borrowings...
The national government raised P35 billion through the sale of seven-year Treasury bonds at Tuesday’s auction, April 20. The Bureau of the Treasury said the long-term IOUs fetched a coupon rate of 3.625 percent, lower than prevailing secondary market rates. National Treasury Rosalia de Leon said...
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...
