By Michelle V. Remo
MANILA, Philippines—Awash in cash, banks continued to swamp the auction for government securities, submitting P32.349 billion worth of bids for 10-year Treasury bonds. But the government on Tuesday offered, and accepted, only P9 billion worth of debt paper. The Bureau of the Treasury said it did not want to borrow more than what had been [...]
Posted: April 27th, 2011 in Headlines | Read More »
By Efren Ll. Cruz,
RFP
Question: CNBC cable channel has a scroll listing Philippines 10-year bonds at 7 percent or 8 percent. Are there such bonds? Are they Government of Philippines bonds? How does one buy them? —Thomas Answer: BEFORE we answer the question, let’s talk about investing in general and then bonds in particular. Some people say investing is [...]
Posted: April 27th, 2011 in Headlines,Money | Read More »
