The Securities and Exchange Commission on Tuesday bared the framework for the issuance of so-called blue bonds, a relatively new instrument supporting investments in healthy oceans and other “blue” economies.
The Bureau of the Treasury (BTr) allowed treasury bill yields to rise at Monday’s auction, allowing some correction in the yield curb following the sharp drop in average rates last week.
Union Bank of the Philippines said Monday it raised P18.17 billion through the issuance peso-denominated fixed rate bonds, a dual tranche offering that received strong demand from both retail and institutional investors.
FundSpace, a leading loan aggregator facilitating the funding requirements of businesses of all sizes, has teamed up with BPC Lending Inc. to boost the financing options of micro, small, and medium-sized enterprises (MSMEs) and individual borrowers.
Metro Pacific Tollways Corp. (MPTC) is in negotiations with a syndicate of local and foreign banks to raise at least P45 billion as part of a larger plan to reduce its debt.