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                    [ArticleID] => 98051
                    [Title] => NG to issue P20-B bonds to pump-prime economy
                    [Summary] => The National Government plans to borrow up to P20 billion next year through a bond offering in its efforts to pump-prime the economy, it was announced yesterday by Finance Secretary Jose T. Pardo who said that the planned bond offering will be similar to that of the Economic Recovery Agricultural Production (ERAP) bonds.


Pardo, however, said  that, unlike the ERAP bonds, the new bond offering will not be used to finance government’s  agricultural projects, but would likely be used for lending to the housing and construction sector.


                    [DatePublished] => 2000-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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ECONOMIC RECOVERY AGRICULTURAL PRODUCTION

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                    [ArticleID] => 98051
                    [Title] => NG to issue P20-B bonds to pump-prime economy
                    [Summary] => The National Government plans to borrow up to P20 billion next year through a bond offering in its efforts to pump-prime the economy, it was announced yesterday by Finance Secretary Jose T. Pardo who said that the planned bond offering will be similar to that of the Economic Recovery Agricultural Production (ERAP) bonds.


Pardo, however, said  that, unlike the ERAP bonds, the new bond offering will not be used to finance government’s  agricultural projects, but would likely be used for lending to the housing and construction sector.


                    [DatePublished] => 2000-11-29 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Marianne V. Go
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abtest

NG to issue P20-B bonds to pump-prime economy

By Marianne V. Go | November 29, 2000 - 12:00am

The National Government plans to borrow up to P20 billion next year through a bond offering in its efforts to pump-prime the economy, it was announced yesterday by Finance Secretary Jose T. Pardo who said that the...

Business