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    [results] => Array
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                    [ArticleID] => 303888
                    [Title] => NFA to issue P8-B LT notes to fund procurement program
                    [Summary] => The cash-strapped state-run National Food Authority (NFA) will issue P8 billion worth of long-term notes to fund its local rice procurement program and its increasing rice importation requirements.


NFA has appointed the Land Bank of the Philippines (Landbank) as lead arranger and issue manager of the agency’s issuance of long-term notes.


The long-term notes will be backed by seven-year zero-coupons bonds issued by the government while the interest will be covered by a guarantee from the Department of Finance (DOF).


                    [DatePublished] => 2005-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 286601
                    [Title] => RP bonds improve on new officials
                    [Summary] => Philippine three-year local-currency bonds had their biggest gain in two years, the largest fluctuation of any government debt market, after President Arroyo named a budget chief and trade secretary to her new economic team.


About a dozen officials quit last week on the President’s refusal to resign amid allegations that she may have fixed last year’s vote. Three-year bonds are set for their biggest weekly rally since May 2003 on optimism the new members will help the nation improve finances and raise credit ratings.


                    [DatePublished] => 2005-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1619745
                    [AuthorName] => Nicholas Reynolds
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

FORMER FINANCE SECRETARY CESAR PURISIMA

Array
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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 303888
                    [Title] => NFA to issue P8-B LT notes to fund procurement program
                    [Summary] => The cash-strapped state-run National Food Authority (NFA) will issue P8 billion worth of long-term notes to fund its local rice procurement program and its increasing rice importation requirements.


NFA has appointed the Land Bank of the Philippines (Landbank) as lead arranger and issue manager of the agency’s issuance of long-term notes.


The long-term notes will be backed by seven-year zero-coupons bonds issued by the government while the interest will be covered by a guarantee from the Department of Finance (DOF).


                    [DatePublished] => 2005-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 286601
                    [Title] => RP bonds improve on new officials
                    [Summary] => Philippine three-year local-currency bonds had their biggest gain in two years, the largest fluctuation of any government debt market, after President Arroyo named a budget chief and trade secretary to her new economic team.


About a dozen officials quit last week on the President’s refusal to resign amid allegations that she may have fixed last year’s vote. Three-year bonds are set for their biggest weekly rally since May 2003 on optimism the new members will help the nation improve finances and raise credit ratings.


                    [DatePublished] => 2005-07-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1619745
                    [AuthorName] => Nicholas Reynolds
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

NFA to issue P8-B LT notes to fund procurement program

By Rocel Felix | October 27, 2005 - 12:00am

The cash-strapped state-run National Food Authority (NFA) will issue P8 billion worth of long-term notes to fund its local rice procurement program and its increasing rice importation requirements. NFA has appointed...

Business

RP bonds improve on new officials

By Nicholas Reynolds | July 16, 2005 - 12:00am

Philippine three-year local-currency bonds had their biggest gain in two years, the largest fluctuation of any government debt market, after President Arroyo named a budget chief and trade secretary to her new economic...

Business