Tag: dollar
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Vista Land subsidiary eyes 5-year dollar notes issuance
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VILLAR-LED property developer Vista Land & Lifescapes, Inc. announced on Monday that its wholly owned subsidiary is considering a five-year, dollar-denominated, fixed-rate notes issuance as part of its fundraising efforts. Vista Land’s VLL International, Inc. may issue senior unsecured fixed-rate notes under its $2-billion medium-term note program, the property developer…
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Government considering Samurai, dollar bonds this year
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THE GOVERNMENT is looking to issue Japanese yen-denominated and US dollar-denominated bonds within the year, the Finance chief said. “I expect both the dollar and possibly Samurai bonds this year. Both are being considered,” Finance Secretary Ralph G. Recto told reporters on the sidelines of the Economic Journalists Association of…
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Dollar reserves slip to $104.7 billion in June
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THE PHILIPPINES’ gross international reserves (GIR) dipped by 0.3% month on month in June, which the Bangko Sentral ng Pilipinas (BSP) governor partly attributed to its intervention in the foreign exchange market amid the peso’s continued depreciation against the US dollar. Preliminary data from the BSP showed gross dollar reserves…
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Dollar reserves rise to over 2-year high
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By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES saw its dollar reserves soar to its highest level in over two years, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Gross international reserves (GIR) rose by 1.8% to $104.48 billion as of end-May from $102.65 billion as of…
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Philippines raises $2B from dollar bond sale
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THE PHILIPPINES raised $2 billion (P114.7 billion) from its first global bond sale this year, the Bureau of the Treasury (BTr) said on Wednesday.
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Philippines readies offering of dual-tranche dollar bonds
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THE PHILIPPINE government is readying a benchmark-sized issuance of dual-tranche dollar bonds, which would be its first global bond offering for this year. The country is looking to issue 10- and 25-year dollar bonds, based on a report by Reuters. Benchmark-sized issues are typically worth at least $500 million. The…