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Philippines confident of tighter spreads on Samurai bonds

Philippines confident of tighter spreads on Samurai bonds Source link link: Philippines confident of tighter spreads on Samurai bonds.....»»

Category: newsSource: manilainformer manilainformerJul 12th, 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 billion from samurai bonds

The government yesterday successfully sold ¥154.2 billion ($1.39 billion) worth of Japanese samurai bonds in three different tenors, according to the Department of Finance......»»

Category: financeSource:  philstarRelated NewsAug 8th, 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

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

Top Japanese banks express support of Philippine “samurai bonds” following DoF meeting

TOP JAPANESE BANKS have expressed their interest in participating in the Philippines’ return to the yen debt market following their meeting with the Finance department in Tokyo. In a statement sent to journalists yesterday, the Department of Finance (DoF) said that Finance Secretary Carlos G. Dominguez III met with officials of Daiwa Securities Group Inc., […] The post Top Japanese banks express support of Philippine “samurai bonds” following DoF meeting appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 20th, 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

Philippines to raise $2 B from foreign borrowings

The Philippine government plans to raise about $2 billion more this year through the sale of offshore commercial bonds, including samurai and global bonds, according to the Bureau of the Treasury (BTr)......»»

Category: financeSource:  philstarRelated NewsMay 27th, 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

AXA spreads wings in Visayas

Confident in Central Visayas.?AXA Philippines chief distribution officer Marie Raymundo (second from right) briefs the media on the company's plans for the region. With her are (from le.....»»

Category: newsSource:  philippinetimesRelated NewsJul 26th, 2016

AEON Credit’s P1 billion bonds first in Philippines with CGIF backing

A P1 billion bond issuance by a local financing firm, proceeds of which would provide livelihood and consumer loans for the underbanked, has been guaranteed by the Credit Guarantee and Investment Facility (CGIF), an entity established by several Asia Pacific countries......»»

Category: financeSource:  philstarRelated NewsNov 20th, 2018

ONE Championship: Eduard Folayang Wants To Celebrate His Birthday With A World Title Win

With his highly-anticipated encounter against Singapore’s Amir Khan for the vacant ONE Lightweight World Championship set to take place a day after his birthday, local hero Eduard “Landslide” Folayang cannot think of a better present for himself than to have a gold-plated belt wrapped around his waist once again. The Filipino superstar will celebrate his 35th birthday on Thursday, 22 November, a day before his scheduled five-round championship bout with Khan in the co-main event of ONE: CONQUEST OF CHAMPIONS, which emanates from the 20,000-capacity Mall Of Asia Arena in Manila. “There’s no greater gift I can receive on my 35th birthday other than winning the ONE Lightweight Word Title back,’’ he expressed. “And there’s no better place to do it but in front of my countrymen.” After relinquishing his lightweight crown to Martin “The Situ-Asian” Nguyen in November 2017, Folayang immediately went back to the drawing board to check where things went wrong. He amazingly worked his way back to the upper echelon of the talent-filled lightweight division — first dominating Kharun Atlangeriev in three rounds last May, and then edging out Aziz Pahrudinov in a 15-minute thriller two months later. The Baguio City native treats the opportunity of reclaiming the ONE Lightweight World Championship both as a reward and vindication. “There were some who doubted my decision to continue fighting after the knockout loss to Martin Nguyen nearly a year ago. After two wins in ONE Championship, I am back in the title picture,” Folayang stated. “I feel very fulfilled because I made the right decision to compete again. Also, my hard work has paid off. It will be a great birthday present for me to bring home the belt again. It's an added motivation going into the bout against Amir Khan.” Even if he is pegged as the heavy favorite to win the bout against the Singaporean, Folayang stressed that he is not taking his opponent for granted. Khan holds the exceptional records for the most wins (11) and finishes (10) in ONE Championship, scoring impressive victories over the likes of Bashir Ahmad, Jimmy Yabo, Jaroslav Jartim, and Sung Jong Lee. The 24-year-old phenom is coming off the biggest win of his promotional stint yet, submitting Folayang’s Team Lakay stablemate Honorio “The Rock” Banario with a first-round rear-naked choke this past September. “Landslide” knows the Evolve MMA representative poses a dangerous threat, but he is confident of his chances. “He is young and talented. I am also sure that he is hungry,” Folayang said.  “There is no room for complacency in this match. Of course, the momentum is on my side, but I plan to sustain it. I started the year with a win. I followed it up with another big win. The timing speaks for itself.” In his return to the global stage, Folayang boldly predicts that fans in attendance at the Mall Of Asia Arena will witness the coronation of a fifth Filipino mixed martial arts World Champion on Friday. “2018 has been a very good year to me,” he continued. “After November 23, I’m confident that the Philippines and Team Lakay will have another new world champion in the sport.”.....»»

Category: sportsSource:  abscbnRelated NewsNov 19th, 2018

Philippines eyes Sukuk bonds

The government is exploring the possibility of issuing “Sukuk” or Islamic bonds to diversify the country’s investor base, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsNov 15th, 2018

NPA finished in 2019, says General Galvez

DAVAO CITY (MindaNews/ 14 Nov.) – Armed Forces Chief of Staff General Carlito Galvez said the military will eliminate the New People’s Army, armed wing of the Communist Party of the Philippines, by next year. “We are confident by 2019 we will be finishing the CPP-NPA,” Galvez told reporters during his visit at the Eastern […].....»»

Category: newsSource:  mindanewsRelated NewsNov 14th, 2018

Working together to reinforce the three pillars for golden age of China-Philippines relations

Being separated by only a narrow strip of water, China and the Philippines have been close neighbors for centuries, sharing not only geographic proximity, but also blood bonds, cultural affinity and a long and sincere traditional friendship......»»

Category: newsSource:  philstarRelated NewsNov 14th, 2018

NGCP to complete transmission line to Mindanao by 2020

The National Grid Corp. of the Philippines (NGCP) is confident it will complete the major transmission line connecting Mindanao to the rest of the power grid by 2020......»»

Category: financeSource:  philstarRelated NewsNov 9th, 2018

Fitch cuts Philippine growth forecast

FITCH Solutions has downgraded its growth forecast for the Philippines anew, noting that the economy is unlikely to bounce back to a faster pace due to tighter credit conditions and waning investor appetite......»»

Category: newsSource:  bworldonlineRelated NewsNov 9th, 2018

Philippines gets central bank nod to issue as much as $2 billion in global bonds

MANILA — The Philippine central bank has approved the government’s plan to issue between $500 million and $2 billion worth of global bonds, National Treasurer Rosalia de Leon said on Thursday. The timing of the issue would be “subject to good issuance window”, De Leon said in a text message to Reuters. In August the government […] The post Philippines gets central bank nod to issue as much as $2 billion in global bonds appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsNov 8th, 2018

Foreign banks downscale Philippines growth forecasts

British banking giant HSBC and Maybank Kim Eng Group have slashed their economic growth forecasts for the Philippines amid tighter monetary conditions......»»

Category: financeSource:  philstarRelated NewsNov 6th, 2018

MPBL: Lao ready to step up for Manila

Guard Kyles Lao is proving his worth for the Manila Stars. After coming up big in the Stars’ 60-59 win over the Zamboanga Valientes, the former University of the Philippines stalwart is ready to step up once again for Manila in the Datu Cup of the Maharlika Pilipinas Basketball League (MPBL).  Lao, 23, said his mindset is to go all out when Stars coach Philip Cezar calls his name – just like he did when he stepped up in the team’s last win where he scored 12 points on 5-of-8 shooting from the field. “That has been my approach ever since, to be ready to play and contribute every time coach gives me the playing time,” said the 5-foot-10 Lao, a rookie in the MPBL. “I just play my game and give it my best.”  “I’m very thankful to coach Philip for his trust and confidence, as well as my teammates. I’ll just continue to play my game and keep aggressive in our next games as we aim for a playoff berth,” added Lao, who averages nearly seven points, two rebounds and two assists in the MPBL. The former UAAP Rookie of the Year was clutch for Manila in its win against Zamboanga as buried back-to-back jump shots, including a tough step back jumper that gave the Stars a 56-55 lead with 3:16 left. Lao helped a Manila squad to a victory that played sans PBA veteran Roger Yap, coming off the bench behind amateur stalwart Chris Bitoon and former PBA player Marcy Arellano.  Manila’s win improved its record to 10-2 in the Northern Division of the tournament, and Cezar said Lao will surely get more playing time knowing that he is capable of delivering on both ends.  “Kyles has what it takes to compete at a high level,” said Cezar of Lao. “He’s talented and he’s really helping the team. He just needs to be more confident and play consistent basketball,” added Cezar, a former PBA MVP and member of the 40 Greatest Players......»»

Category: sportsSource:  abscbnRelated NewsNov 4th, 2018

ONE Champinoship: Banario backs teammate Folayang in title clash with Khan

Former ONE Featherweight World Champion Honorio "The Rock" Banario is confident his teammate Eduard "Landslide" Folayang will emerge victorious when he collides with Singaporean sensation Amir Khan for the vacant ONE Lightweight World Title. The pair will square off in the co-main event of ONE: CONQUEST OF CHAMPIONS, which emanates from the state-of-the-art Mall of Asia Arena in Manila, Philippines on Friday, 23 November. Banario's five-bout winning streak came to a heartbreaking conclusion when he locked horns with Khan this past September in Shanghai, earning the Evolve athlete his shot at the gold. After exchanging strikes in the opening minutes of the match, Banario was caught in a rear-naked choke that forced him to wave the white flag at the 4:34 mark of the first round. "The Rock" admitted becoming very careless in his bout against the young martial artist from Singapore, but he doesn't see his experienced Team Lakay stablemate falling into the same trap. "I became careless and overconfident in our fight, but I don't see Eduard making the same mistake," Banario said. "We all know that he is a complete fighter. He has a style that Khan will have a hard time dealing with." "When it comes to strength, striking, and wrestling, Amir Khan will have a hard time overcoming Eduard in those areas. I'm not underestimating Amir Khan, but Eduard is simply on another level. Both are complete fighters, but Folayang is a much more experienced veteran." Banario also revealed that Folayang is extremely driven in training for the scheduled five-round championship clash with Khan. "I see a highly-motivated Eduard Folayang in training because he didn't expect to be blessed with another shot at the world title. He's just so motivated for this bout. Eduard is ready to reclaim the world title that he lost nearly a year ago," he disclosed. Since making his triumphant return to the ONE Championship cage this year, the beloved Filipino martial arts superstar is on an upward trajectory. With the intention of climbing back towards the top of his weight class, "Landslide" impressively defeated two unbeaten Russian opponents. First, he dominated Kharun Atlangeriev in three rounds in May, before edging out Aziz Pahrudinov in a lightweight thriller two months later. After returning from defeat and posting consecutive victories over elite opposition, the former ONE Lightweight World Champion refused to sit back and relax, accepting an invitation from a close friend to train in Albuquerque, New Mexico. The 34-year-old Baguio City native flew out to the United States in August for a month-long training trip at the famous Jackson-Wink MMA training facility, which is home to a number of world-class athletes such as Jon Jones, Alistair Overeem, Andrei Arlovski, Donald Cerrone and Diego Sanchez, to name a few. Witnessing his Team Lakay comrade's grind at the gym to be in top physical shape, Banario made a bold prediction on the highly-anticipated ONE Lightweight World Title showdown. "This is the right chance and timing for him to get back to his throne," he declared. "He is ecstatic each and every time he's training. I think Folayang can get an early finish. It won't go the full five rounds. The fans in Manila are in for a treat.".....»»

Category: sportsSource:  abscbnRelated NewsNov 2nd, 2018