+ Follow TREASURY SECRETARY NICHOLAS BRADY Tag
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[ArticleID] => 333345
[Title] => RP to buy back $411-M Brady bonds
[Summary] => The Philippines will buy back $411 million of Brady bonds by June as part of its effort to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"We have taken the steps to redeem those bonds consistent with our debt-management strategy to shift our dependence from foreign financing to domestic borrowing," Cruz told reporters yesterday.
The Philippines sold $4.3 billion of the bonds from 1990 to 1992, part of the reorganization of developing-country debt orchestrated by then US Treasury Secretary Nicholas Brady.
[DatePublished] => 2006-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
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[1] => Array
(
[ArticleID] => 333504
[Title] => RP to buy back $411-M Brady bonds
[Summary] => The Philippines will buy back $411 million of Brady bonds by June as part of its effort to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"We have taken the steps to redeem those bonds consistent with our debt-management strategy to shift our dependence from foreign financing to domestic borrowing," Cruz told reporters yesterday.
The Philippines sold $4.3 billion of the bonds from 1990 to 1992, part of the reorganization of developing-country debt orchestrated by then US Treasury Secretary Nicholas Brady.
[DatePublished] => 2006-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 329739
[Title] => RP may buy back some of its $774-M Brady bonds
[Summary] => The Philippines may buy back some of its $774 million of Brady bonds as part of its plan to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"Some of these Brady bonds are very likely for retirement," Cruz told reporters. "Consistent with our strategy of moving away from more foreign borrowings to more domestic borrowing, we will be closely watching the buy-back of Brady bonds" by other countries.
[DatePublished] => 2006-04-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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TREASURY SECRETARY NICHOLAS BRADY
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 333345
[Title] => RP to buy back $411-M Brady bonds
[Summary] => The Philippines will buy back $411 million of Brady bonds by June as part of its effort to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"We have taken the steps to redeem those bonds consistent with our debt-management strategy to shift our dependence from foreign financing to domestic borrowing," Cruz told reporters yesterday.
The Philippines sold $4.3 billion of the bonds from 1990 to 1992, part of the reorganization of developing-country debt orchestrated by then US Treasury Secretary Nicholas Brady.
[DatePublished] => 2006-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 333504
[Title] => RP to buy back $411-M Brady bonds
[Summary] => The Philippines will buy back $411 million of Brady bonds by June as part of its effort to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"We have taken the steps to redeem those bonds consistent with our debt-management strategy to shift our dependence from foreign financing to domestic borrowing," Cruz told reporters yesterday.
The Philippines sold $4.3 billion of the bonds from 1990 to 1992, part of the reorganization of developing-country debt orchestrated by then US Treasury Secretary Nicholas Brady.
[DatePublished] => 2006-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 329739
[Title] => RP may buy back some of its $774-M Brady bonds
[Summary] => The Philippines may buy back some of its $774 million of Brady bonds as part of its plan to reduce overseas debt, National Treasurer Omar Cruz said yesterday.
"Some of these Brady bonds are very likely for retirement," Cruz told reporters. "Consistent with our strategy of moving away from more foreign borrowings to more domestic borrowing, we will be closely watching the buy-back of Brady bonds" by other countries.
[DatePublished] => 2006-04-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
