Investors are advised to go for shorter-term Philippine securities to offset potential losses due to foreign exchange risks and amid an expected increase in the attractiveness of Asian bonds, … [Read more...]
Buy more PH bonds, investors told (Short-term debt securities preferred by Barclays Bank)
August 6, 2012 by 2 Comments
Philippine Bonds Gain on Rate-Cut Outlook, Debt Swap; Peso Rises
August 4, 2012 by Leave a Comment
Philippine bonds gained this week on speculation the central bank will reduce interest rates further, and after the government said it is considering swapping debt for shorter-dated securities. The … [Read more...]
Phoenix Petroleum to issue P500-M in notes for capital
July 9, 2012 by 2 Comments
Independent oil company Phoenix Petroleum Philippines will issue P500 million convertible notes with a warrant offering amounting to P180 million under Banco de Oro Universal Bank, Phoenix said … [Read more...]
SM Investments ups retail bond volume to meet demand
July 9, 2012 by Leave a Comment
SM Investments Corporation increased its retail bond issue to P15 billion from P10 billion due to strong demand from retail and institutional investors, the company said in a disclosure Monday. The … [Read more...]
SMIC launches P10B bond offer
June 29, 2012 by Leave a Comment
SM Investments Corp. launched Wednesday an offering of P10 billion worth of retail bonds to fund the firm’s expansion of office and hotel property businesses. In a statement, SMIC said the … [Read more...]
San Miguel seeks SEC approval for P80B fund-raising plan
June 28, 2012 by Leave a Comment
San Miguel Corp. has sought the Securities and Exchange Commission’s approval for its plan to offer preferred shares worth as much as P80 billion, which would be the largest fund-raising activity in … [Read more...]
Gov’t rejects all bids for 91-day T-bills
June 26, 2012 by Leave a Comment
The government on Monday rejected all bids for the 91-day treasury bills while results for the other two tenors showed falling rates. The yield on the 182-day bills was down 2.6 basis points to an … [Read more...]
Manila Water gets top debt score for good liquidity, capitalization
June 25, 2012 by Leave a Comment
EAST ZONE water concessionaire Manila Water Co., Inc. has been assigned the highest corporate rating by local debt watcher Philippine Rating Services Corp. (PhilRatings). Manila Water was assigned a … [Read more...]
SMIC’s P10B retail bonds fetch 6-6.9% coupon rates
June 21, 2012 by Leave a Comment
MANILA, Philippines—Publicly listed SM Investments Corp. on Wednesday set the interest rates for its peso-denominated retail bond issue, proceeds from which will be used for the expansion of its … [Read more...]
SM Investments Sets Interest Rates For PHP10 Billion Retail Notes
June 20, 2012 by Leave a Comment
Philippine conglomerate SM Investments Wednesday fixed the interest rate for its PHP10 billion peso-denominated retail bonds at 6.0% for the seven-year notes and 6.9442% for the 10-year paper. The … [Read more...]
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