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+ Follow DEUTSCHE BANK AND RIZAL COMMERCIAL BANKING CORP Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 191309 [Title] => Government to raise its $-linked peso notes offering to P5-B [Summary] => The Arroyo administration has decided to increase its planned dollar-linked peso notes from P3 billion to P5 billion, saying the demand for the instrument has increased exponentially as the banking industry continues to suffer from the absence of credit demand in the private sector.
The Bureau of Treasury (BTr) revealed over the weekend that the initial book-building process had generated over P16-billion worth of pledges, indicating that the market was eager for the government to increase the volume.
[DatePublished] => 2003-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 187169 [Title] => Government eyes P3-B $-denominated notes [Summary] => The government is planning to issue another P3 billion worth of dollar-denominated peso notes (DLPNs) in the first quarter of 2003 as part of its plan to raise a total of P59.5 billion from Treasury bills and Treasury bonds.
The Bureau of Treasury revealed over the weekend that, judging from the success of last weeks DLPN float, there is enough leftover demand for the notes in the first quarter.
[DatePublished] => 2002-12-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 186546 [Title] => Government raises P5-B from $-denominated bonds [Summary] => The government raised P5 billion yesterday from its offer of dollar-denominated notes as banks scrambled to get their share to help cover their overbought positions as well as form part of their year-end window dressing.
Pricing for the notes is scheduled today but market sources disclosed that banks were looking at a coupon rate of roughly six percent. Settlement is scheduled on Thursday.
The issue was approved by the Monetary Board (MB) last week to help the government fund its budget deficit which is seen at P223 billion for the whole of 2002.
[DatePublished] => 2002-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DEUTSCHE BANK AND RIZAL COMMERCIAL BANKING CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 191309 [Title] => Government to raise its $-linked peso notes offering to P5-B [Summary] => The Arroyo administration has decided to increase its planned dollar-linked peso notes from P3 billion to P5 billion, saying the demand for the instrument has increased exponentially as the banking industry continues to suffer from the absence of credit demand in the private sector.
The Bureau of Treasury (BTr) revealed over the weekend that the initial book-building process had generated over P16-billion worth of pledges, indicating that the market was eager for the government to increase the volume.
[DatePublished] => 2003-01-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 187169 [Title] => Government eyes P3-B $-denominated notes [Summary] => The government is planning to issue another P3 billion worth of dollar-denominated peso notes (DLPNs) in the first quarter of 2003 as part of its plan to raise a total of P59.5 billion from Treasury bills and Treasury bonds.
The Bureau of Treasury revealed over the weekend that, judging from the success of last weeks DLPN float, there is enough leftover demand for the notes in the first quarter.
[DatePublished] => 2002-12-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 186546 [Title] => Government raises P5-B from $-denominated bonds [Summary] => The government raised P5 billion yesterday from its offer of dollar-denominated notes as banks scrambled to get their share to help cover their overbought positions as well as form part of their year-end window dressing.
Pricing for the notes is scheduled today but market sources disclosed that banks were looking at a coupon rate of roughly six percent. Settlement is scheduled on Thursday.
The issue was approved by the Monetary Board (MB) last week to help the government fund its budget deficit which is seen at P223 billion for the whole of 2002.
[DatePublished] => 2002-12-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | January 13, 2003 - 12:00am
By Des Ferriols | December 9, 2002 - 12:00am
By Des Ferriols | December 4, 2002 - 12:00am
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House Deputy Minority Leader and ACT Teachers Rep. France Castro condemned yesterday what she said were increasing death threats and harassment she has been receiving through text messages and phone calls, as the meeting of impeachment endorsers and complainants against Vice President Sara Duterte draws near.
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Malacañang yesterday lashed back at critics who linked to politics and martial law the removal of administration ally-turned-arch critic Vice President Sara Duterte from the National Security Council, saying President Marcos must fully trust the people he listens to for advice.
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Philippine sports was in a state of shock after Southeast Asian Games double gold medalist Mervin Guarte of obstacle racing and athletics suffered a tragic death yesterday in his hometown in Calapan, Oriental Mindoro.
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February 12, 2018
- 12:00 am
- 12:00 am
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