Monday 24 September
Powered by Ajaxy
Chinese investors Mar 13, 2018 @ 14:00

PH to float yuan-denominated bonds to Chinese investors


The Philippines is finally pushing through with its plan to tap Chinese investors in raising fresh funds for the national government.

In a statement, the Department of Finance bared that the country has already registered its panda bond float at the Mainland, marking the first time for the Philippines to attract Chinese investors to place their bets here.

The country wants to raise some 1.46 billion renminbi (Chinese currency) from the bond float as part of its regular fund-raising efforts.

The bonds will come with a three-year tenor and will be floated this March 2018.

Tags: , ,

Related Stories
This goes to show that the pivot to Asia is working.
Funding will keep coming for the Philippines.
MANILA – President Rodrigo Duterte on Tuesday warned that Myanmar would overtake the Philippines if
The renewed economic ties between the Philippines and China should prompt Filipino businessmen into using


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.