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+ Follow INTERNAL REVENUE ALLOTMENT MONETIZATION PROGRAM Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 323706 [Title] => DBP, LBP manage LGU monetization program [Summary] => The Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LBP) has formalized a joint issue management and underwriting of the LGU Internal Revenue Allotment Monetization Program (IMP). The IMP involves the monetization of P17.5-billion IRA receivables due to LGUs.
Under the program, LGUs have the option to monetize their respective shares in advance through a special purpose trust (SPT) from the unreleased IRA at a discounted value-net of interest and other charges from the trustee.
[DatePublished] => 2006-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 156620 [Title] => LandBank disposes of P4B in investment certificates [Summary] => The Land Bank of the Philippines (LBP) has sold more than 70 percent or P4.06 billion of the P5.52-billion Internal Revenue Allotment Monetization Program (IMP) investment certificates issued by participating local government units (LGUs) through the Special Purpose Trust.
Of the P4.06 billion, the LBP invested around P3.8 billion while an additional P187 million came from various institutional investor.
[DatePublished] => 2002-04-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
INTERNAL REVENUE ALLOTMENT MONETIZATION PROGRAM
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 323706 [Title] => DBP, LBP manage LGU monetization program [Summary] => The Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (LBP) has formalized a joint issue management and underwriting of the LGU Internal Revenue Allotment Monetization Program (IMP). The IMP involves the monetization of P17.5-billion IRA receivables due to LGUs.
Under the program, LGUs have the option to monetize their respective shares in advance through a special purpose trust (SPT) from the unreleased IRA at a discounted value-net of interest and other charges from the trustee.
[DatePublished] => 2006-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 156620 [Title] => LandBank disposes of P4B in investment certificates [Summary] => The Land Bank of the Philippines (LBP) has sold more than 70 percent or P4.06 billion of the P5.52-billion Internal Revenue Allotment Monetization Program (IMP) investment certificates issued by participating local government units (LGUs) through the Special Purpose Trust.
Of the P4.06 billion, the LBP invested around P3.8 billion while an additional P187 million came from various institutional investor.
[DatePublished] => 2002-04-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
February 28, 2006 - 12:00am
April 9, 2002 - 12:00am
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