^
+ Follow UNDERSECRETARY JOEL BANARES Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100742
                    [Title] => NG to maximize $1.5-B bond float
                    [Summary] => 

Finance Secretary Jose T. Pardo said yesterday the National Government will try to complete its planned $1.5 billion international bond float in the next two months while the prevailing market condition is still favorable.

"We want to take advantage of the prevailing strong confidence of institutional investors in the local economy," Pardo said.

"In the next six weeks, we will begin book building a portion of the $1.5 billion. [DatePublished] => 2000-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101298 [Title] => NG needs to borrow $1.5 B this yr - DOF [Summary] =>

The government needs to borrow some $1.5 billion from foreign sources to help finance the expected budget deficit of P62.5 billion for this year, Finance Undersecretary Joel Banares said yesterday.

He said of the $1.5 billion financing requirements, the government has identified official loans such as the $300- $500 million loan from the Japanese government under the Miyazawa initiative.

However, Banares said the loans are still being negotiated and is still uncertain if the Japanese government will approve the government's request.

"It is also not yet clear if the [DatePublished] => 2000-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

UNDERSECRETARY JOEL BANARES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 100742
                    [Title] => NG to maximize $1.5-B bond float
                    [Summary] => 

Finance Secretary Jose T. Pardo said yesterday the National Government will try to complete its planned $1.5 billion international bond float in the next two months while the prevailing market condition is still favorable.

"We want to take advantage of the prevailing strong confidence of institutional investors in the local economy," Pardo said.

"In the next six weeks, we will begin book building a portion of the $1.5 billion. [DatePublished] => 2000-02-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 101298 [Title] => NG needs to borrow $1.5 B this yr - DOF [Summary] =>

The government needs to borrow some $1.5 billion from foreign sources to help finance the expected budget deficit of P62.5 billion for this year, Finance Undersecretary Joel Banares said yesterday.

He said of the $1.5 billion financing requirements, the government has identified official loans such as the $300- $500 million loan from the Japanese government under the Miyazawa initiative.

However, Banares said the loans are still being negotiated and is still uncertain if the Japanese government will approve the government's request.

"It is also not yet clear if the [DatePublished] => 2000-01-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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