PDMOPublic Debt Management Office (Ministry of Finance; Thailand)
PDMOProduct Data Management Office (NASA)
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
The PDMO said additional transactions will continue in the local market in 2016 and there is intent to continue international bond issuances once a year.
Yields have been successfully coming down, after a EUR 50 mln auction in September was oversubscribed just under three times and the PDMO had accepted yields ranged between 1.10% and 1.42% for a weighted average yield of 1.31%.
Treasury bills will cover up to one-quarter of the financing needs while retail bonds and bilateral loans will cover up to 8 per cent of the government's financing each, the PDMO said.
Morgan, Morgan Stanley and SociAaAaAeA@tAaAaAeA@ GAaAaAeA@nAaAaAeA@rale Corporate & Investment "will be asked to take on the role of lead manager in the Republic's syndications in the international market and will work closely with the PDMO in order to further develop a well-functioning and efficient secondary market for the sovereign bonds of the Republic of Cyprus," the PDMO, a division of the finance ministry, said in an emailed statement on Tuesday.
Compared to the previous auction on October 30, the average yield fell by 3 basis points, the PDMO, a division of the finance ministry, said in a statement.
In May, the PDMO said it was lowering the interest rate on future bonds starting from the September series, to 2.5% for the first 24 months, 2.75% for 24-48 months, 3.00% for 48-60 months and 3.25% for 60-70 months.
AaAaAeA{AaAaAeA As this transaction is to be funded by the already existing surpluses of the government, without any additional issue of debt, it is forecast to bring the public debt to GDP ratio further down to 98.4 per cent at the end of 2017,AaAaAeA{AaAaAeAo the PDMO added.
Next year's maturities are broken down to e1/4805m in loans, including the first two instalments of a loan from Russia and e1/498m in domestic government development stock, the PDMO said in a statement on its website.
The PDMO said that the August series raised EUR 30,055,900 from 187 applicants, of whom just four were foreigners who pumped in half the amount, entitling them to apply for permanent residency or even investor-based citizenship.
The latest figure does not include a e1/4270m loan repayment to the International Monetary Fund made in July with funds raised by the government through an e1/4850m 7-year bond on June 20, the PDMO said in a statement on its website on Friday.
The Public Debt Management Office (PDMO) said that the government made a partial debt repayment earlier this month to the International Monetary Fund (IMF).
The PDMO said that the auction was oversubscribed 1.67 times as it had received a total of e1/4209 mln of bids.