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                    [ArticleID] => 238362
                    [Title] => Peso down, foreign currency up
                    [Summary] => Insurance companies increased its appetite for foreign currency-denominated investments last year reflecting the poor state of the national economy. Even corporates or huge conglomerates turned to the foreign currency market for its lending through bond offerings.


Investments last year registered one of the lowest in terms of peso-denominated products while euro-denominated investment products gained more followers.


                    [DatePublished] => 2004-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
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INTEREST REDUCTION BOND SERIES

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                    [ArticleID] => 238362
                    [Title] => Peso down, foreign currency up
                    [Summary] => Insurance companies increased its appetite for foreign currency-denominated investments last year reflecting the poor state of the national economy. Even corporates or huge conglomerates turned to the foreign currency market for its lending through bond offerings.


Investments last year registered one of the lowest in terms of peso-denominated products while euro-denominated investment products gained more followers.


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                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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abtest

Peso down, foreign currency up

By Ted P. Torres | February 10, 2004 - 12:00am

Insurance companies increased its appetite for foreign currency-denominated investments last year reflecting the poor state of the national economy. Even corporates or huge conglomerates turned to the foreign currency...

Banking