Saturday 24 March
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
China and the Philippines said Wednesday they will cautiously proceed with discussions on joint oil
Tourism Secretary Wanda Teo said international visitors from January to February this year soared to
Cathay Land, Inc. and London-based Freeport Retail will open the first outlet mall in the
Four people were killed and 19 feared trapped by a major hotel fire in the


Trending News

Recommended on sister sites

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