Philippines to auction retail bonds on April 21
Posted at 04/16/2010 5:16 PM | Updated as of 04/16/2010 5:16 PM
MANILA, Philippines - The Bureau of Treasury said on Friday it would auction multi-currency retail Treasury bonds worth $500 million on April 21, with the public offer of the securities ending on April 27.
Issue managers of the debt papers, with maturities of 3 and 5 years, have said about $400 million of the bonds would be denominated in US dollars and the rest in euros, with institutions allowed to take up majority of the debt papers.
The government had initially targeted the bonds at Filipinos working overseas, who would be exempt from withholding taxes on the debt papers they bought.
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cnu ba tlga ang nanginginabang??...
lagi na lng natin naririnig or nababalitaan yang bond-bond na yan... pero dpat cguro.. unahin munang imbestigahan if cnu ba tlga ang mas nanginginabang??..... kc sa tinagal-tagal na nming pagiging ofw's mula pa sa bansa ng mga arabo(1990) at hanggang ngeon nandd2 na kmi sa ireland... sa awa ng Dakilang Maykapal, ala pa rin ino-offers sa atin ang mga embahada ukol dyn... D kaya yan ehh.. pambalat-sibuyas lang or panakip-butas lng pra makahurakot ulet ang mga naka-upo sa ngeon???... ngtatanong lng po!... mraming slamat po!!!