The market-making activity in this segment, outside of the traditional GS (government securities) environment, is certainly a great feature that PDEx
would like to see extended to the rest of the corporate bond market segments,' PDEx
president and chief operating officer Antonino Nakpil stated.
approval paves the way for the secondary-market trading of the bonds,' the company said in its disclosure.
"This is the first tranche of our P60 billion shelf registration," Go said, adding that it has been doing yearly listing at PDEx
since its debut three years ago.
Nakpil said the value of 15 new listings on the PDEx
platform jumped by 124 percent to P185.5 billion from January to June this year.
According to PDEx
, the Ayala group has been a pioneer in the Issuer Community since the exchange started in 2008, when Ayala Corporation and Ayala Land listed a combined P10 billion worth of bonds.
The bonds will be issued on June 3 and listed on the Philippine Dealing Exchange (PDEx
) on the same day.
It will also enroll P4 billion in qualified buyer notes with the PDEx
, a debt exempt from registration with the regulators.
marks banner year with over P250 billion listings !-- -- Danessa Rivera (The Philippine Star) - January 1, 2019 - 12:00am MANILA, Philippines The Philippine Dealing and Exchange Corp.
When the ceremonial bell rang at the Philippine Dealing and Exchange (PDEx
) last Thursday, I thought I heard it ring longer than usual.
This latest bond listing on PDEx
brought the year-to-date listing volume to P124.82 billion.
), the Bankers Association of Philippines (BAP) and Bloomberg have teamed up to launch several initiatives aimed at advancing the peso bond market in the Philippines.
) to provide interim funding for its first renewable energy (RE) project.