THE Philippine Stock Exchange (PSE) is targeting 14 initial public offerings (IPOs) for the year, expressing its optimism for the year of the Water Rabbit. The potential listing applicants include 11 companies and real estate investment trust that will list on the main board and the remaining three are firms that are expected to debut […]
Tag: raised
Gov’t to borrow P135B from domestic market in Dec.
THE GOVERNMENT plans to borrow P135 billion from the domestic market in December, the Bureau of the Treasury (BTr) said. In an advisory posted on Thursday, the BTr said it would borrow P30 billion in Treasury bills (T-bills) and P105 billion in Treasury bonds (T-bonds) next month. The December borrowing plan is 37.21% lower than […]
NG sets P215-billion borrowing plan for Nov.
By Luisa Maria Jacinta C. Jocson, Reporter THE NATIONAL Government (NG) plans to borrow P215 billion from the domestic market in November, the Bureau of the Treasury (BTr) said. The BTr released its borrowing plan for November, which is 7.5% higher than the P200-billion plan this month. The government raised only P118.738 billion from domestic […]
AMRO slashes Philippine growth outlook for 2023
THE ASEAN+3 Macroeconomic Research Office (AMRO) kept its growth projection for the Philippines this year, but cut its gross domestic product (GDP) forecast for 2023 amid inflationary pressures and the threat of a global recession. In the AMRO Regional Economic Outlook Update released on Thursday, the think tank said it kept the estimate at 6.9% […]
Rates of T-bills, bonds may move sideways on Fed bets, BSP meet
RATES of government securities on offer this week may move sideways on slower US inflation in July, which could cause the US Federal Reserve to be less aggressive, and expectations that the Bangko Sentral ng Pilipinas (BSP) will continue increasing borrowing costs at their meeting this week. The Bureau of the Treasury (BTr) will offer […]
Rates of T-bills, bonds to climb
RATES of government securities (GS) on offer this week are expected to rise as the Philippine central bank is seen to be aggressive in its next policy meeting as inflation remains elevated. The Bureau of the Treasury (BTr) will offer P15 billion in Treasury bills (T-bills) on Monday, made up of P5 billion each in […]
Cryptoverse: What crisis? Venture capitalists bet big on crypto
IT’s not all doom and gloom. Even as the crypto sector shivers in the bleak winter, venture capitalists (VCs) are pouring money into digital currency and blockchain startups at a pace that’s set to outstrip last year’s record. In the first half of the year, VCs bet $17.5 billion on such firms, according to data […]
Fire hits 3 sitios in Punta Princesa
(UPDATED) An early evening fire hits three sitios in Barangay Punta Princesa, Cebu City on Saturday, June 11, 2022.Based on an initial report provided by the Cebu City Fire Office (CCFO), the fire first started in Sitio Tuburan, Barangay Punta Princesa at 5:53 p.m.The fire reportedly started at the house of a certain Jocelyn Daniel. […]
Gov’t makes full award of T-bills as rates drop on easing oil prices
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates mostly declined after global oil prices eased to two-week lows. The Bureau of the Treasury (BTr) raised P15 billion as programmed via the T-bills it auctioned off on Monday as bids reached P37.64 billion, over twice as much […]
Rates of T-bills, bonds may move sideways as central banks tighten
RATES of government securities to be auctioned off this week are expected to move sideways with a slight upward bias on expectations of global monetary tightening. The Bureau of the Treasury (BTr) will auction off P15 billion in Treasury bills (T-bills) on Monday, or P5 billion each in 91-, 182-, and 364-day securities. On Tuesday, […]
Gov’t fully awards T-bills
THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates moved sideways amid strong demand for short-term debt papers and expectations of aggressive rate hikes from central banks due to growing inflation risks. The Bureau of the Treasury (BTr) raised P15 billion as planned via T-bills at its auction on Monday […]
Rates of Treasury bills, bonds seen mixed on inflation fears
RATES of government securities on offer this week may end mixed as demand for shorter tenors is expected to remain strong while that for longer-dated debt stays weak due to lingering inflation concerns, which could cause global monetary authorities to unwind pandemic-driven easy policies more aggressively. The Bureau of the Treasury (BTr) will offer P15 […]
Strong demand for PHL’s first sustainability Samurai bond
THE PHILIPPINES’ maiden issuance of sustainability bonds in Japan attracted strong demand, which Finance Secretary Carlos G. Dominguez III said reflects increasing investor confidence in the country’s commitment to climate change mitigation. The Philippines on Tuesday raised 70.1 billion Japanese yen or P29 billion from an offering of four-tranche sustainability bonds. The bonds had five-year, […]
Gov’t makes full award of T-bills on strong demand amid tightening bets
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday as rates declined on strong demand for short-term securities amid expectations of monetary policy tightening and as oil prices eased. The Bureau of the Treasury (BTr) raised P19 billion from T-bills it auctioned off on Monday, higher than its P15 […]
Gov’t partially awards T-bills
THE GOVERNMENT partially awarded the Treasury bills (T-bills) it offered on Monday as yields continued to rise amid expectations of more aggressive rate hikes from the US Federal Reserve. The Bureau of the Treasury (BTr) only awarded P5 billion in 91-day T-bills at its auction on Monday even as total tenders reached P35.804 billion, over […]
Gov’t fully awards T-bill offer as yields inch down
THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates declined ahead of central banks’ meetings this week. The Bureau of the Treasury raised P10 billion as planned via its offer of T-bills on Monday, with demand amounting to P52.758 billion or more than five times the amount on the auction […]
Gov’t fully awards Treasury bills as yields drop on inflation bets
THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday as rates dipped amid lower inflation expectations. The Bureau of the Treasury (BTr) raised P25 billion as planned via the T-bills on Monday, with total tenders reaching P83.705 billion, making the offer over three times oversubscribed. However, demand declined from the P97 billion […]
Digital asset management agency Blofin raises US$10 million in A+ round investment, led by Susquehanna International Group (SIG)
BEIJING, Mar 31, 2021 – (ACN Newswire via SEAPRWire.com) – Blofin has raised US$10 million in its series A+ round of financing, led by SIG, followed by Matrix, Lingfeng Capital, Superchain Capital, Jackdaw Capital and others. Digital asset manager Blofin has raised US$10 mil A+ round investment led by SIG. At present, Blofin’s current global […]
Yields on Treasury bills climb across the board
THE GOVERNMENT fully awarded the Treasury bills it offered on Monday even as yields climbed across the board. — BW FILE PHOTO THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday even as rates climbed across the board on lingering concerns over faster inflation. The Bureau of the Treasury […]
Rates of Treasury bills, bonds to rise as inflation hits fresh peak
YIELDS ON government securities on offer this week will likely continue rising after February inflation hit a 26-month high. The Bureau of the Treasury (BTr) wants to borrow P20 billion via the Treasury bills (T-bills) on Monday: P5 billion each from the 91- and 182-day debt papers and P10 billion via the 364-day instruments. On […]