Saturday 23 March
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.

Please follow and like us:

Tags: , ,

Related Stories
There's a silver (electronic) lining to this story.
Shangrila at The Fort is currently home to the priciest residential units in the Philippines
The Philippine property market is expected to achieve double-digit growth this year, with real estate
The government isn’t to blame for the decline in investments.


Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.