+ Follow LONDON INTER Tag
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[ArticleID] => 233572
[Title] => RP economy ends year with stronger financial position
[Summary] => The Philippine economy ends the year 2003 with a stronger financial position, having posted a $1.85-billion surplus in current account and dollar reserves of $16.8 billion as of November.
This means even if no foreign exchange enters the Philippines in the next few months because of uncertainties associated with the 2004 presidential elections, the country will still have enough dollars to cover 4.7 months of its import requirements and 1.2 times its short-term debt.
[DatePublished] => 2004-01-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1479316
[AuthorName] => Luzi Ann R. Javier
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 142374
[Title] => Citicorp to manage 1-yr discounted dollar T-bills
[Summary] => The government has appointed Citicorp Capital Philippines Inc. (CCPI) to underwrite and issue a one-year discounted US Dollar Treasury Bill which is expected to raise a minimum of $100 million. CCPI is a subsidiary of the Citibank group.
Department of Finance officials expect that it would be launched and issued next week. The benchmark for interest rates will be the one-year LIBOR (London Inter-bank Offered Rate).
[DatePublished] => 2001-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 100590
[Title] => DBG offers $500-M bond float for RP aggie
[Summary] =>
The world's biggest bank, the Deutsche Bank Group (DBG), has offered to float
and lead-manage a Euro 500 million ($500 million) bond in Europe to finance
investments for the Philippine government's irrigation projects, the Department
of Agriculture said.
In a series of meetings with DA officials, Deutsche Bank proposed a bond float
of a minimum of Euro 500 million with a maturity of 10 years and a 182 to 207
basis-point spread over the LIBOR (London Inter-bank Offered Rate) for euro-
denominated bonds.
[DatePublished] => 2000-04-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
LONDON INTER
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 233572
[Title] => RP economy ends year with stronger financial position
[Summary] => The Philippine economy ends the year 2003 with a stronger financial position, having posted a $1.85-billion surplus in current account and dollar reserves of $16.8 billion as of November.
This means even if no foreign exchange enters the Philippines in the next few months because of uncertainties associated with the 2004 presidential elections, the country will still have enough dollars to cover 4.7 months of its import requirements and 1.2 times its short-term debt.
[DatePublished] => 2004-01-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1479316
[AuthorName] => Luzi Ann R. Javier
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 142374
[Title] => Citicorp to manage 1-yr discounted dollar T-bills
[Summary] => The government has appointed Citicorp Capital Philippines Inc. (CCPI) to underwrite and issue a one-year discounted US Dollar Treasury Bill which is expected to raise a minimum of $100 million. CCPI is a subsidiary of the Citibank group.
Department of Finance officials expect that it would be launched and issued next week. The benchmark for interest rates will be the one-year LIBOR (London Inter-bank Offered Rate).
[DatePublished] => 2001-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 100590
[Title] => DBG offers $500-M bond float for RP aggie
[Summary] =>
The world's biggest bank, the Deutsche Bank Group (DBG), has offered to float
and lead-manage a Euro 500 million ($500 million) bond in Europe to finance
investments for the Philippine government's irrigation projects, the Department
of Agriculture said.
In a series of meetings with DA officials, Deutsche Bank proposed a bond float
of a minimum of Euro 500 million with a maturity of 10 years and a 182 to 207
basis-point spread over the LIBOR (London Inter-bank Offered Rate) for euro-
denominated bonds.
[DatePublished] => 2000-04-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 4, 2001 - 12:00am
