Stocks erase an early loss after Fed widens bond purchases
NEW YORK — Wall Street rallied back from a sharp, early slump on Monday to notch modest gains after the Federal Reserve unveiled its latest push to prop up the…
ALI, RLC to tap bond this June
Robinsons Land Corp. president and chief executive officer Frederick Go. File photo Two of the country’s largest property developers are poised to tap the local bond market this June, riding…
Metrobank’s latest bond issue raises P10.5B
Ty family-led Metropolitan Bank & Trust Co. has raised P10.5 billion from a fresh foray into the local bond market, generating funds to help oil the needs of the economy…
Metrobank raises P10.5B from new bond foray
Ty family-led Metropolitan Bank & Trust Co. has raised P10.5 billion from a fresh bond market foray that was warmly received by investors despite the challenging macroeconomic environment. The bonds,…
Ayala Land aims to raise P6.5B via bond sale
Property giant Ayala Land Inc. (ALI) plans to venture into the local bond market next month with a retail offering of at least P6.5 billion worth of securities. In an…
Robinsons Land aims for P20B from fresh retail bond offer
Gokongwei-led property developer Robinsons Land Corp. (RLC) plans to raise as much as P20 billion from a new retail bond offering in order to boost its war chest for expansion…
Amid declining rates, Treasury to sell longer bond tenors in May
MANILA, Philippines — The Bureau of the Treasury will sell P170 billion in T-bills and bonds in May, with longer tenors expected to entice domestic investors amid declining rates. The…
PH’s $2.35B global bond issue a success despite COVID-19 pandemic, say execs
The Philippines’ $2.35 billion in US dollar-denominated global bonds fetched record-low coupons for its two tenors, auguring well for efforts to raise much-needed funds for the government, especially for COVID-19…
BPI raises P33.9B from bond issue
Ayala-led Bank of the Philippine Islands (BPI) has raised P33.9 billion from a warmly-received bond offering that was completed before Metro Manila was locked down. In a disclosure to the…