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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: philstar philstarMay 2nd, 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

Gov’t eyes samurai bond offer by 2nd half

THE Duterte government is looking to issue its first yen-denominated bonds by September or October, the Department of Finance (DoF) said. “We will still go ahead with the samurai (bonds)… Because the Japanese calendar is different, it should be around September or October, the latter half of the (Japanese) fiscal year ending March,” Finance Secretary […] The post Gov’t eyes samurai bond offer by 2nd half appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 1st, 2018

Government eyes September or October for first samurai bond issue

THE Duterte government eyes to issue its first yen-denominated securities by September or October, the Department of Finance (DoF) said. Finance Secretary Carlos G. Dominguez III said the government will time the offer on the second semester of Japan’s fiscal year. “We will still go ahead with the Samurai…Because the Japanese calendar is different, it… link: Government eyes September or October for first samurai bond issue.....»»

Category: newsSource:  manilainformerRelated NewsMay 1st, 2018

Government eyes September or October for first samurai bond issue

THE Duterte government eyes to issue its first yen-denominated securities by September or October, the Department of Finance (DoF) said. Finance Secretary Carlos G. Dominguez III said the government will time the offer on the second semester of Japan’s fiscal year. “We will still go ahead with the Samurai…Because the Japanese calendar is different, it […] The post Government eyes September or October for first samurai bond issue appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 1st, 2018

NLEX eyes up to P6 billion bond issue

MANILA, Philippines — NLEX Corp. is planning to issue up to P6 billion in fixed rate bonds this year to refinance its maturing debt......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2018

AGI eyes $500 M from bond issue

MANILA, Philippines - Andrew Tan-led Alliance Global Group Inc.(AGI) is looking to raise $500 million from the issuance of dollar-denominated bonds later thi.....»»

Category: financeSource:  philstarRelated NewsMar 28th, 2017

In France, the Force is strong with lightsaber dueling

By John Leicester, Associated Press BEAUMONT-SUR-OISE, France (AP) — Master Yoda, dust off his French, he must. It's now easier than ever in France to act out "Star Wars" fantasies, because its fencing federation has borrowed from a galaxy far, far away and officially recognized lightsaber dueling as a competitive sport, granting the iconic weapon from George Lucas' saga the same status as the foil, epee and sabre, the traditional blades used at the Olympics. Of course, the LED-lit, rigid polycarbonate lightsaber replicas can't slice a Sith lord in half. But they look and, with the more expensive sabers equipped with a chip in their hilt that emits a throaty electric rumble, even sound remarkably like the silver screen blades that Yoda and other characters wield in the blockbuster movies . Plenty realistic, at least, for duelists to work up an impressive sweat slashing, feinting and stabbing in organized, 3-minute bouts. The physicality of lightsaber combat is part of why the French Fencing Federation threw its support behind the sport and is now equipping fencing clubs with lightsabers and training would-be lightsaber instructors. Like virtuous Jedi knights, the French federation sees itself as combatting a Dark Side: The sedentary habits of 21st-century life that are sickening ever-growing numbers of adults and kids . "With young people today, it's a real public health issue. They don't do any sport and only exercise with their thumbs," says Serge Aubailly, the federation secretary general. "It's becoming difficult to (persuade them to) do a sport that has no connection with getting out of the sofa and playing with one's thumbs. That is why we are trying to create a bond between our discipline and modern technologies, so participating in a sport feels natural." In the past, the likes of Zorro, Robin Hood and The Three Musketeers helped lure new practitioners to fencing. Now, joining and even supplanting them are Luke Skywalker , Obi-Wan Kenobi and Darth Vader. "Cape and sword movies have always had a big impact on our federation and its growth," Aubailly says. "Lightsaber films have the same impact . Young people want to give it a try." And the young at heart. Police officer Philippe Bondi, 49, practiced fencing for 20 years before switching to lightsaber. When a club started offering classes in Metz, the town in eastern France where he is stationed for the gendarmerie, Bondi says he was immediately drawn by the prospect of living out the love he's had for the "Star Wars" universe since he saw the first film at age 7, on its release in 1977 . He fights in the same wire-mesh face mask he used for fencing. He spent about 350 euros ($400) on his protective body armor (sturdy gloves, chest, shoulder and shin pads) and on his federation-approved lightsaber, opting for luminous green "because it's the Jedi colors, and Yoda is my master." "I had to be on the good side, given that my job is upholding the law," he said. Bondi awoke well before dawn to make the four-hour drive from Metz to a national lightsaber tournament outside Paris this month that drew 34 competitors. It showcased how far the sport has come in a couple of years but also that it's still light years from becoming mainstream. The crowd was small and a technical glitch prevented the duelers' photos, combat names and scores from being displayed on a big screen, making bouts tough to follow. But the illuminated swooshes of colored blades looked spectacular in the darkened hall. Fan cosplay as "Star Wars" characters added levity, authenticity and a tickle of bizarre to the proceedings, especially the incongruous sight of Darth Vader buying a ham sandwich and a bag of potato chips at the cafeteria during a break. In building their sport from the ground up, French organizers produced competition rules intended to make lightsaber dueling both competitive and easy on the eyes. "We wanted it to be safe, we wanted it to be umpired and, most of all, we wanted it to produce something visual that looks like the movies, because that is what people expect," said Michel Ortiz, the tournament organizer. Combatants fight inside a circle marked in tape on the floor. Strikes to the head or body are worth 5 points; to the arms or legs, 3 points; on hands, 1 point. The first to 15 points wins or, if they don't get there quickly, the high scorer after 3 minutes. If both fighters reach 10 points, the bout enters "sudden death," where the first to land a head- or body-blow wins, a rule to encourage enterprising fighters. Blows only count if the fighters first point the tip of their saber behind them. That rule prevents the viper-like, tip-first quick forward strikes seen in fencing. Instead, the rule encourages swishier blows that are easier for audiences to see and enjoy, and which are more evocative of the duels in "Star Wars." Of those, the battle between Obi-Wan and Darth Maul in "The Phantom Menace" that ends badly for the Sith despite his double-bladed lightsaber is particularly appreciated by aficionados for its swordplay. Still nascent, counting its paid-up practitioners in France in the hundreds, not thousands, lightsaber dueling has no hope of a place in the Paris Olympics in 2024. But to hear the thwack of blades and see them cut shapes through the air is to want to give the sport a try. Or, as Yoda would say: "Try not. Do! Or do not. There is no try.".....»»

Category: sportsSource:  abscbnRelated News12 hr. 13 min. ago

Philippines raises $1.5-B from global bond sale

The Philippines raised $1.5 billion of debt from the sale of 10-year global bonds, the Bureau of the Treasury reported Tuesday, marking the first such issue from an emerging market this year......»»

Category: financeSource:  philstarRelated NewsJan 8th, 2019

Philippines launches 10-year US dollar bonds

THE PHILIPPINES launched a 10-year US dollar bond issue on Monday, making it the first country in Asia to tap the global debt market this year, according to capital markets publication Refinitiv IFR......»»

Category: financeSource:  bworldonlineRelated NewsJan 7th, 2019

Philippines mulls sponsoring catastrophe bond issue

MANILA — The Philippines‘ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help cover disaster-related risks in the country, the Department of Finance (DOF) said in a statement. […] The post Philippines mulls sponsoring catastrophe bond issue appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 15th, 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

Government eyes return to panda, samurai bond markets

The government is eyeing to return to the panda and samurai bond markets in the next 12 to 18 months, the Department of Finance (DOF) said yesterday......»»

Category: financeSource:  philstarRelated NewsAug 28th, 2018

Philippines eyes up to $1.5 B global bonds this year

The Philippines plans to raise between $1 billion to $1.5 billion through another dollar-denominated global bond issuance this year to prefund its foreign obligations maturing in January......»»

Category: financeSource:  philstarRelated NewsAug 14th, 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

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

ICC to inquire on raps vs Rody

ROQUE: MERE PROCESS TO DETERMINE BASIS President Duterte intends to defend himself, “if need be,” on the crimes against humanity charges that his opponents filed against him before The Hague-based International Criminal Court (ICC), presidential spokesman Harry Roque said yesterday. Roque, an international law expert, explained that the ICC’s recognition was simply a proceeding to determine if the case has basis to proceed or not.Roque said Malacañang has received ICC’s notice for a “preliminary examination” on the complaints filed by the lawyer of self-confessed Davao Death Squad (DDS) assassin Edgar Matobato, who is under the care of Duterte’s chief critic Sen. Antonio Trillanes IV.Roque said the 72-year-old Chief Executive is ready to submit himself before the proceedings once he is summoned to The Hague.“The President and I met about this extensively for two hours last night. The President welcomes the preliminary examination because he is sick and tired of being accused,” Roque told reporters. “Obviously, this is intended to embarrass the president. They will fail. The President said that if need be, he will argue his case before the ICC,” he added.Matobato’s counsel Jude Sabio, in April last year, submitted to the ICC a petition against Mr. Duterte on the basis of his apparent admission of “killing” suspected drug traffickers and criminals in Davao City when he was still its Mayor.By June, Trillanes and Magdalo Partylist Rep. Gary Alejano filed a supplemental complaint against the Chief Executive also at the ICC. The complaint is based on the series of extrajudicial killings attributed to the Duterte administration’s narcotics crackdown.Sabio, in a text message, claimed that the given development is already a victory on their end.“I feel so elated and vindicated. Finally, Mr. Duterte and his cohorts will face criminal investigation by the ICC prosecutor as a prelude to formal criminal investigation,” Sabio said. “It is a huge triumph toward justice. Duterte’s system of death squad killings that he continued in his war on drugs will be investigated and hopefully an arrest warrant will be issued against him and justice will be done,” he added.“I am confident that, based on my communication, as well as that of Sen. Trillanes’ and (Magdalo) Rep. (Gary) Alejano’s, we will hurdle this first big step, and hopefully a warrant of arrest will be issued soon by the ICC against Duterte and his cohorts,” he added. Critics overjoyedTrillanes, for his part, claimed that the ICC’s recognition of their complaint should remind Mr. Duterte that he is not above the law.“This development should jolt Duterte into realizing that he is not above the law. More importantly, this is the first step for the victims’ families’ quest for justice,” the senator said.But Roque said Trillanes and his group should not celebrate yet.“No one should claim victory… If they think the President has been indicted, they are so wrong,” he said.“There will be no formal investigation to be conducted in the country because at the level of the preliminary examination, where the Court does not include the budget for the prosecutor to come to the Philippines because it is not yet a preliminary investigation,” he said.“Now the objective is to determine if there is reasonable basis to proceed with the formal investigation,” he added.In Sabio’s complaint addressed to ICC chief prosecutor Fatou Bensouda, he said that the international criminal court’s action “would... be the beginning of the end of this dark, obscene, murderous and evil era in the Philippines.”“Crimes against humanity are crimes of universal jurisdiction, but where a State like the Philippines fails to assume such universal jurisdiction for crimes against humanity continuously being committed in its very own territory, then the International Criminal Court will have to intervene into a situation that is grave by any human standard,” Sabio said.“The grim statistics of more than 7,000 drug-related killings cannot be anything but grave, especially if viewed in the context of just seven months since Rodrigo Duterte became the President, compared to only about 3,000 committed during the 20-year Marcos regime. These more than 7,000 drug-related killings translate to roughly 1,000 killings per month,” he added.Two other opposition senators urged Malacañang, instead of criticizing this development, to deal with the issues being hurled at the President.“That shouldn’t come as a surprise considering the magnitude of deaths reaching thousands upon thousands in less than two years,” Sen. Francis “Kiko” Pangilinan.“This is the chance for the government to answer the accusations raised against them. There is no reason to be afraid if the administration is not hiding anything,” Sen. Bam Aquino said.Aquino said this should be a welcome opportunity for the administration to make their case to an unbiased and globally respected tribunal. Villarin wants Roque charged, tooAkbayan Rep Tom Villarin said the entry of the ICC into the issues raised against Duterte gives hope to the thousands killed under the latter’s war on drugs. “It is a welcome development and gives hope to thousands of EJK (extra judicial killings) victims that finally justice will be served,” Villarin said.“This will also hold President Duterte and other top officials involved in the bloody war against drugs accountable as well as it gives us an opportunity to implead other enablers of EJKs, including possibly Presidential Spokesman Harry Roque,” Villarin added.While the Akbayan lawmaker said that the investigation may not lead to Duterte’s puster, he said that it will be damning and damaging to his administration in the eyes of our people and the international community.“I am hopeful that people will now realize the truth and demand accountability from him with all constitutional options available,” Villarin said.Alejano said that the preliminary examination will determine whether there is sufficient evidence to warrant an investigation. “I hope that the preliminary examination will be allowed to carry on – unhindered and with full cooperation from concerned authorities, organizations, and personalities,” Alejano, one of those who brought the EJK issue before the ICC, said.“I am confident on the communication we sent to the ICC and strongly believe that President Duterte and those who perpetuate and defend this policy of killing should be held accountable before the law,” Alejano said. Angie M. Rosales, Gerry Baldo.....»»

Category: newsSource:  tribuneRelated NewsJun 7th, 2018

$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:  philstarRelated NewsJun 4th, 2018

Govt to borrow anew from small investors

The government is looking to raise money from small investors anew via a retail treasury bond (RTB) offering starting next week. “Please be advised that the Republic of the Philippines through the Bureau of the Treasury will issue peso-denominated three-year fixed rate retail treasury bonds in a minimum aggregate nominal principal amount of P30,000,000,000.00,” the [...] The post Govt to borrow anew from small investors appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 26th, 2018

Philippines eyes new global bond sale for 2018

The government is planning to raise funds through another dollar-denominated global bond sale this year, according to the Department of Finance......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2018