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                    [ArticleID] => 101053
                    [Title] => RP to borrow $1.7 B this year
                    [Summary] => 

The Philippine government wants to increase its borrowings to $1.9 billion this
year, from $1.7 billion last year, according to Finance Secretary Jose T.
Pardo.

The government is about to secure $1.7 billion through a Global bond offering,
which has reportedly been oversubscribed by $750 million.

Of the $1.7 billion, Pardo said, $700 million will be used to fund the National
Government's expenditures, $500 million for new money and $500 million for
restructuring old debt papers of the National Power Corp.
                    [DatePublished] => 2000-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

PHILIPPINE GLOBAL

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 101053
                    [Title] => RP to borrow $1.7 B this year
                    [Summary] => 

The Philippine government wants to increase its borrowings to $1.9 billion this
year, from $1.7 billion last year, according to Finance Secretary Jose T.
Pardo.

The government is about to secure $1.7 billion through a Global bond offering,
which has reportedly been oversubscribed by $750 million.

Of the $1.7 billion, Pardo said, $700 million will be used to fund the National
Government's expenditures, $500 million for new money and $500 million for
restructuring old debt papers of the National Power Corp.
                    [DatePublished] => 2000-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

RP to borrow $1.7 B this year

By Marianne V. Go | March 13, 2000 - 12:00am

The Philippine government wants to increase its borrowings to $1.9 billion this year, from $1.7 billion last year, according to Finance Secretary Jose T. Pardo. The government is about to secure $1.7 billion...

Business