BDO, Metrobank offering dollar-denominated bonds
BDO UNIBANK, Inc. (BDO) and Metropolitan Bank & Trust Co. (Metrobank) are offering 5.5-year dollar-denominated bonds to raise funds for business purposes and to refinance liabilities, the banks said in separate disclosures on Monday.
RCBC eyes at least P3 billion from two-year bonds
RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to raise P3 billion in fresh funds as it taps the domestic bond market for the second time this year.
Peso closes at three-year high ahead of inflation data
THE PESO rallied to log its best close against the greenback since 2016 on expectations of continued benign inflation, even as prices of some commodities went up.
Treasury bills, bonds on offer this week to fetch lower rates
GOVERNMENT securities on offer this week will likely fetch lower rates on the back of strong liquidity in the market.
Yields on gov’t debt drop
YIELDS ON government securities declined last week amid lingering effects of the surprise half-percentage-point cut by the Bangko Sentral ng Pilipinas (BSP).
Peso to climb on expectations of strong local data
THE PESO is expected to appreciate this week, to be supported by local data releases, including inflation and trade balance.
BDO raises P36 billion from bond offer
BDO UNIBANK, Inc. has raised P36 billion from fixed-rate bonds as part of its bid to diversify its funding sources.
The Sy-led lender said...
Peso surges to three-year high
The peso climbed versus the dollar on Friday to its strongest level in over three years on progress in the development of a vaccine...
Digital payments should be new normal for government — experts
by Mariel Alison L. Aguinaldo
It’s high time for the government to integrate and normalize digital payments, according to executives and government officials.
Orlando B. Vea,...
Robocash to set up digital bank in PHL
ROBOCASH GROUP is seeking to raise $5 million before it conducts an initial public offering (IPO) as it eyes to launch a bank in the Philippines.
Preparing for black swan and grey swan events
Reynaldo C. Lugtu, Jr.
“It took us 12 years to build Airbnb, and we lost almost everything in four to six weeks,” Brian Chesky, the CEO of Airbnb, said in an interview on CNBC, indicating that the company was preparing to go public this year, and now that is up in the air. He is just one of the countless entrepreneurs who now face an uncertain future due to the global pandemic that is wreaking disruption in all facets of life.
Peso strengthens on BoP surplus
THE PESO continued to strengthen versus the greenback on risk-on sentiment amid the wider balance of payments (BoP) surplus in May and dovish signals from the US Federal Reserve.