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$1-billion Samurai bond issue eyed in Q3 2018

The Philippine government plans to issue $1 billion worth of Samurai bonds or yen-denominated securities in the third quarter of the year, a top official of the Bureau of the Treasury said yesterday......»»

Category: financeSource: philstar philstarJun 4th, 2018

Philippines plans $1-billion samurai bond sale

MANILA, Philippines – The government is planning to issue samurai bonds amounting to $1 billion this year, Finance Secretary  Carlos Dominguez III said in front of businessmen in Tokyo, Japan on Tuesday, June 19. The plan comes after the government's issuance of $2 billion worth of one-year dollar ........»»

Category: newsSource:  rapplerRelated NewsJun 19th, 2018

Bond issue to fund Marawi rehab expected to raise P50-60 billion

THE government is hoping to raise P50-60 billion from retail Treasury bonds (RTB) next month to fund the rehabilitation of Marawi City, Task Force Bangon Marawi (TFBM) said Thursday. The post Bond issue to fund Marawi rehab expected to raise P50-60 billion appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 20th, 2018

BTr eyes Marawi bond issuance by October 2018

The Bureau of the Treasury is targeting to issue Marawi bonds by October or November this year, a top official said yesterday......»»

Category: financeSource:  philstarRelated NewsSep 17th, 2018

Bond sale lifts forex reserves in August

The country’s foreign exchange buffer strengthened in August due to strong inflows after the national government raised $1.4 billion from the sale of multi-tranche Samurai bonds......»»

Category: financeSource:  philstarRelated NewsSep 8th, 2018

ING arranges P1.06-B green bond issue

Dutch financial giant ING Bank N.V. has arranged a pioneering P1.06-billion 'green' bond issuance by Singapore-based Sindicatum Renewable Energy Company Pte. Ltd. (Sindicatum Renewables),.....»»

Category: newsSource:  philippinetimesRelated NewsSep 5th, 2018

ADB Issues Inaugural Armenian Dram Linked Bonds

MANILA, PHILIPPINES (21 August 2018) - The Asian Development Bank (ADB) has raised AMD2.66 billion (about $5.4 million) from a new issue of offshore Armenian dram-linked bonds. The transaction was.....»»

Category: newsSource:  philippinetimesRelated NewsAug 23rd, 2018

ADB Issues Inaugural Armenian Dram Linked Bonds

MANILA, PHILIPPINES (21 August 2018) - The Asian Development Bank (ADB) has raised AMD2.66 billion (about $5.4 million) from a new issue of offshore Armenian dram-linked bonds. The transaction was.....»»

Category: newsSource:  manilanewsRelated NewsAug 23rd, 2018

Ayala Land to raise P8 billion from five-year bond issue

AYALA Land, Inc. plans to raise P8 billion by issuing fixed-rate retail bonds with a maturity of five years which will be listed on the bond exchange, the company told the stock exchange on Friday. The post Ayala Land to raise P8 billion from five-year bond issue appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 17th, 2018

Govt sells $1.39B in samurai bonds

The Philippines returned to the samurai bond market on Wednesday by raising 154.2 billion yen or $1.39 billion, a result described by the government as reflective of strong investor interest in the country. The three-, five-, and 10-year tenors that comprised the offering raised 107.2 billion, 6.2 billion and 40.8 billion yen, respectively, Finance Secretary [...] The post Govt sells $1.39B in samurai bonds appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 9th, 2018

Philippines raises $1.39-B of debt from samurai bond sale

The Philippines marked its return to the “Samurai” debt market after an eight-year break and this time, it has sold $1.39 billion (¥154.2 billion) in yen-denominated bonds, the Department of Finance said......»»

Category: financeSource:  philstarRelated NewsAug 8th, 2018

Comm. Silver, NBPA say competitive imbalance not a problem

By Steve Aschburner, NBA.com LAS VEGAS -- First came the backlash. Next, backlash to the backlash. By Tuesday (Wednesday, PHL time), much of the whipsawing over competitive balance -- or more accurately, imbalance -- as an NBA problem rising to the level of crisis had calmed down. Yet powerful voices from the league’s summer nerve center could not dismiss it entirely as an issue meriting closer inspection. “I'm not here to say we have a problem,” NBA commissioner Adam Silver said Tuesday after the Board of Governors meeting. “And I love where the league is right now. [But] I think we can create a better system.” Neither Silver nor Michele Roberts, the executive director of the National Basketball Players Association, sounded an alarm in their separate news conferences about what many see as a widening gap between the league’s haves and have-nots. Roberts, in fact, seemed to feel that all is well and that talent inequality is in the eye of the beholder. “Competitive balance, it almost depends on what your favorite team is,” said Roberts, who was rehired as head of the players union in another four-year contract announced Tuesday (Wednesday, PHL time). “I don’t hear anybody in the Bay Area worrying about competitive balance. I also don’t hear the people in Philadelphia worrying about competitive balance, or Houston. “We’ve got great teams. And it’s never been the case, as far as I’m concerned, where I was not able most of the time to predict what teams were going to be in the Finals.” The topic came up in precisely that context before the Finals last month when Silver was asked about Golden State and Cleveland meeting in the championship series for the fourth consecutive year, a first in any of the major professional sports leagues. It reared its head again this month soon after free agency opened on July 1, with events conspiring to make insiders wonder about a growing disparity among teams. LeBron James’ signing with the Los Angeles Lakers was the biggest move in what appeared to be a continuing shift of strength into the league’s Western Conference. That was followed by the news that DeMarcus Cousins, New Orleans’ All-Star center, had joined the champion Warriors. That signing sparked the initial backlash, a rich-getting-richer cry that pointed not to Cousins’ one-year deal for $5.3 million in 2018-19 salary but the fact that the Warriors will spend in excess of $20 million for it when luxury taxes are counted. Golden State had the NBA’s fattest payroll in 2017-18 of $137.5 million, despite a $99 million salary cap, thanks to various exceptions in the prevailing “soft cap” system. “I don't necessarily think it's per se bad that the Warriors are so dominant,” Silver told reporters, not long after discussing the “competitive landscape” with the owners. “As I've said before, we're not trying to create some sort of forced parity. What we really focus on is parity of opportunity. And a fair point could be made in the tax system, when certain teams are spending significantly more than others, that that's not parity of opportunity.” The counter-backlash came from folks who rushed to the Warriors’ and Cousins’ defense, correctly noting that neither did anything wrong, conducting their business within the rules as specified by the collective bargaining agreement between the owners and the players. That CBA is the object of endless study and imagined revision, with amendments possible if negotiated prior to the end of the current deal after the 2023-24 season. Shooting for a “hard cap” likely would be a tough sell to players accustomed to the freedom of movement they currently enjoy. “It's not necessarily [Roberts’] issue,” Silver said in response to the union director’s characterization. “I think it's on me and our Labor Relations Committee, ultimately, to sit with the players and their committee and convince them that there may be a better way of doing things.” Silver mentioned Charlotte owner and legendary NBA superstar Michael Jordan, chairman of that Labor Relations Committee, as a valuable resource in addressing owners’ and players’ competition concerns. Both sides have valid arguments. Interest in the NBA never has been higher by almost any metric chosen, from selected TV ratings and licensing revenues to the game’s growth globally. Attendance at the MGM Resorts Las Vegas Summer League keeps pushing higher, with fans eager to see top rookies, second-year players and relative free-agent unknowns chasing their pro hoops’ dreams. The valuations of the 30 NBA franchises, of course, all have soared beyond $1 billion, according to Forbes.com, with the Knicks, the Lakers and the Warriors all estimated to be worth more than $3 billion. Longtime NBA observers such as TNT’s David Aldridge wrote a column this week that argued on behalf of dominant teams, anyway, saying that they actually drive rather than depress fan interest. As for any inability to win games or titles, he laid the blame for that on poor franchise management. The Knicks and the Clippers have all sorts of big-market advantages but haven’t won any championships lately (or at all in the Clippers' case). For Roberts, whose players reap 51 percent of NBA basketball-related income that tops $7 billion annually, business is good, period. “I’m excited about this new season,” she said Tuesday (Wednesday, PHL time). “This free agency, there’s been a lot to write about so we’re all, I think, looking forward to what’s going to happen come October. “To the extent that people are predicting the end of the game, I just don’t think so. I would be surprised if Adam called me to say, ‘What the hell are we going to do?’ I think he’s as happy as I am. ... I think we’re in good shape.” Critics note Golden State’s on-court dominance in winning the last two championships. It only took nine NBA Finals games --one over the minimum -- while facing arguably the league’s best player in LeBron James. But those same critics seem to foget that the Warriors were pushed to the full seven games in the conference finals, and actually faced elimination twice before beating the Rockets. “I recognize what Michele's saying,” Silver said. “But at the same time, if you talk to players in the league, and I've talked to plenty of individual players as well, they want to be in the most competitive league possible too.” For every player on the Warriors' roster -- or the Rockets, the Thunder, the Celtics or the Sixers -- there are five or six on teams that realistically have no chance of chasing a ring or the Larry O’Brien Trophy. Cleveland went to four straight Finals thanks to James; no one envisions the Cavaliers getting back any time soon. “Maybe there are some players who think they’re on a second-class team,” said Sacramento wing Garrett Temple, one of the NBPA vice presidents. “But most players I’ve played with or been around, their thought process is, ‘We’re gonna get our team to become one of those first-class teams.’ It’s more of a challenge. More so than, ‘We need them to disband so we can make everybody equal.’ Because we’re competitors.” That really is the crux of the issue. Silver and some franchises want most of the competition to come on the floor, in games, in full view of fans who believe their teams can sufficiently compete. The league’s current title contenders are fine with a system that allows them to compete all the way to the top, with an owner stroking gargantuan checks to crowd out rivals. “Let me make clear that under the current system we want teams to compete like crazy,” Silver said. “So I think the Warriors within the framework of this deal should be doing everything they can to increase their dominance. That's what you want to see in a league. “You want teams to compete in every way they can within the rules.” Silver addressed a variety of topics that were came from the BOG agenda, including: -- Change is coming on multiple fronts, most notably in the league’s age limit. That seems likely to be re-set back to 18 years old from 19, permitting players to enter the league from high school. It’s a move that the NBA should be better equipped to handle with a near 30-for-30 farm-system affiliation with its G League. It also fits with the findings of an NCAA task force that cites dissatisfaction with “one-and-done” college players. Said Silver: “My personal view is that we’re ready to make that change.” -- The start of free agency, annually triggered at midnight ET on July 1 (12:00pm, July 1, PHL time), will be moved to a daytime or prime time opening bell. It’s one of those traditions that no one thought to change, Silver said. -- The league’s investigation into the Dallas Mavericks’ sexual harassment issues should be completed by the end of the month. Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsJul 12th, 2018

Japanese financial giants: PH samurai bonds to make a killing

Five large Japanese financial institutions are supporting the Philippines' upcoming $1-billion samurai bond sale, the first issuance without a guarantee. The Department of Finance (DOF) said i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 21st, 2018

Meet the 2018 World Cup All-Pogi Starting XI

The members of the World Cup All-Pogi Starting XI are not necessarily the starters in their respective teams.  This is a different kind of Starting XI. The kind that makes viewers want to stay plastered to their screens not just for the goals, but for those brief moments of close-ups that make the wait worth it. Our Pogi Starting XI follows the classic 4-4-2 formation. These fine fellas bring the “beautiful” to the beautiful game. Here we go.   GOALKEEPER Alphonse Areola, FRA   🇫🇷🆚🇵🇪 📍Ekaterinburg Arena 🕔 17h @equipedefrance #FRAPER #fiersdetrebleus A post shared by Alphonse Areola (@areolaofficiel) on Jun 21, 2018 at 12:19am PDT He may be the third choice keeper for Les Bleus but this 25-year-old, 6’3” Frenchman born to Filipino parents is definitely first in our hearts.   DEFENDER Gerard Pique, ESP   Focus A post shared by Gerard Piqué (@3gerardpique) on Dec 4, 2017 at 10:45am PST If Shakira thinks he’s hot, who are we to say otherwise?   William Ekong, NGA   End of a good camp with the @ng_supereagles. We keep working and improving. Thanks everyone for your support 🇳🇬🦅🙏🏽 A post shared by William Troost-Ekong (@wtroostekong) on Mar 28, 2018 at 8:32am PDT Ekong has Dutch and Nigerian ancestry and the 6’3” centre back’s fine mix of physical attributes from both sides of his family tree is more than evident.   Ramin Rezaeaian, IRN   ٨٠ ميليون نفر،يك ملت،يك ضربان قلب.. همه براي تيم ملي ايران ❤️🇮🇷🇮🇷🙏 80 milion people, One Nation, One Heart Beat.. Iran ❤️🇮🇷🙏i A post shared by Ramin Rezaeian (@raminrezaeian) on Jun 11, 2018 at 11:07am PDT Mr Rezaeaian owns the Derek Zoolander-approved Blue Steel 100%, and then some.    Gotoku Sakai, JPN   新しいスパイクを履いていいトレーニングできてます👍 #HereToCreate #X18 #スプリントスパイク #createdwithadidas A post shared by GotokuSakai_official (@sakai_go1123) on Jun 6, 2018 at 5:31am PDT Describing Gotoku-san as kawaii doesn’t even cut it. He’s an American-born Japanese right back and he definitely stands out among the Blue Samurai.   MIDFIELDER Isco, ESP   2️⃣2️⃣🇪🇸😍 A post shared by Isco Alarcon Suarez (@iscoalarcon) on Jun 8, 2018 at 11:07am PDT Isco, full name Francisco Roman Alarcón Suárez, rocks the millennial beard like it’s nobody’s business.    James Rodriguez, COL   El mejor café del mundo 🇨🇴✌🏼 A post shared by James Rodríguez (@jamesrodriguez10) on May 24, 2018 at 3:39pm PDT James Rodriguez? More like James Reid. James is your college crush that never seems to age. Andre Silva, POR   É sempre uma honra ter a oportunidade de representar @portugal! Unidos lutaremos pelo nosso objectivo #ConquistaOSonho A post shared by André Silva (@andresilva9) on May 17, 2018 at 1:32pm PDT Boyish good looks? Check. Eyebrows to die for? Check. Until you see his pool-side photos on Instagram. Who you calling a boy?   Makoto Hasebe, JPN   MHSC (Makoto Hasebe Sports Club) 一昨日は藤枝校と浜松校の交流戦を行いました。開校以来、子どもたちの成長するスピードに驚いています。そして子どもたちが楽しんでいる姿が何よりも嬉しいです。特別講義を傾聴する子どもたちのキラキラした目をみて改めて頑張ろうと思えた素晴らしい時間でした。 #mhsc #fujieda #hamamatsu #藤枝 #浜松 #藤枝総合運動公園サッカー場 #素晴らしい環境 #来年度の新しい校舎開校に向けて生徒もコーチングスタッフも募集しています #puma #長谷部誠 A post shared by 長谷部誠 Makoto Hasebe (@makoto_hasebe_official) on Dec 25, 2017 at 2:14pm PST That smile alone can net him a starring role in a Japanese telenovela   FORWARD Cristiano Ronaldo, POR   Parabéns meu querido filho! Estas a ficar um homem!👏🏽8️⃣🎂❤️ A post shared by Cristiano Ronaldo (@cristiano) on Jun 17, 2018 at 2:38am PDT A virtual lock not only for the Pogi Starting XI but also for the Pogi Hall of Fame.   Radamel Falcao, COL   Vamos a defender esta camiseta con el 💯 % de nuestras fuerzas, energías y capacidad. 🇨🇴 // we are going to fight for this colors with all our energy, strength and ability. A post shared by Falcao (@falcao) on Jun 13, 2018 at 2:40pm PDT He chopped off his lustrous locks for a trendy ‘short at the sides and longer at the top’ cut and the transformation is akin to Jon Bon Jovi shedding the glam-rock hair in the 90’s. Or long hair, short hair, we don’t care.   MANAGER Herve Renard - MAR Monsieur cuts a dashing figure in the touchline with his sun-kissed locks and striking blue gaze. Reminds one of an old-school Hollywood movie star, a classic European playboy or a striking yet dangerous Bond villain. Catch the 2018 FIFA World Cup Russia™ on S+A, S+A HD, LIGA, LIGA HD and via livestream......»»

Category: sportsSource:  abscbnRelated NewsJun 21st, 2018

Japanese banks support samurai bond offer – DoF

The government’s planned issuance of $1-billion worth of samurai bonds has earned the support of Japan’s leading financial institutions, the Finance department said on Wednesday. In a statement, the Finance department said top officials of Mitsubishi UFJ Financial Group, Nomura Holdings Inc., Mizuho Bank Ltd., Sumitomo Mitsui Banking Corp. (SMBC) and Daiwa Securities Group Inc. [...] The post Japanese banks support samurai bond offer – DoF appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 20th, 2018

SEC exempts MRC Allied from registration requirements on common share issuance

MRC Allied, Inc. has been exempted from the registration requirements for the common shares it plans to issue numbering more than a billion at P0.70 apiece, the company said on Wednesday. The company told the stock exchange it received yesterday a copy of the letter dated June 13, 2018 from the Markets and Securities Regulation […] The post SEC exempts MRC Allied from registration requirements on common share issuance appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 20th, 2018

Govt raises P66B from RTB offering

The government raised P66 billion—more than double the amount initially considered—from the first day of its latest retail treasury bond (RTB) offering. The Bureau of the Treasury (BTr), which last week initially announced an issue size of P30 billion, on Wednesday said it sold P66 billion worth of RTBs at the first day of a [...] The post Govt raises P66B from RTB offering appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMay 30th, 2018

PH to issue another $2B in bonds

The Philippines will issue $2 billion in dollar- and yen-denominated bonds before the end of this year in line with recent stance to raise the country's foreign borrowing program for 2018. Dep.....»»

Category: newsSource:  philippinetimesRelated NewsMay 28th, 2018

NLEX plans P4 B bond issuance this month

NLEX Corp., the toll road operator of the MVP Group, plans to issue at least P4 billion in bonds possibly within the month, officials said last week......»»

Category: financeSource:  philstarRelated NewsMay 6th, 2018

SLTC bonds keep top credit rating

SOUTH LUZON Tollway Corp. (SLTC) maintained the top credit rating on its outstanding bond issue. In a statement, Philippine Rating Services Corp. (PhilRatings) said the debt watcher assigned a PRS Aaa rating on the P7.3-billion fixed-rate bonds of SLTC. “Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity […] The post SLTC bonds keep top credit rating appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 6th, 2018

Philippines eyes samurai bond issue in Q3

The Philippines is still keen on issuing samurai bonds by the end of the third quarter or early in the fourth quarter, as well as panda bonds next year despite the possibility of higher interest rates......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2018