{"id":120313,"date":"2017-09-29T05:37:25","date_gmt":"2017-09-29T09:37:25","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=120313"},"modified":"2017-09-29T05:37:25","modified_gmt":"2017-09-29T09:37:25","slug":"ph-to-remain-active-in-global-capital-markets-dominguez","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/09\/29\/ph-to-remain-active-in-global-capital-markets-dominguez\/","title":{"rendered":"PH to remain active in global capital markets \u2014Dominguez"},"content":{"rendered":"<figure id=\"attachment_91615\" aria-describedby=\"caption-attachment-91615\" style=\"width: 640px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/110216_KING-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-91615\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/110216_KING-1.jpg\" alt=\"FILE: Finance Secretary Carlos Dominguez III said the country's finance officials are working with the Bank of China for the internal and external approval of the yuan-denominated Panda bond, a debt paper issued in China's capital market by a non-Chinese issuer. The Philippines could issue the debt paper in the latter part of this year.(Photo: KING RODRIGUEZ\/ Presidential Photo)\" width=\"640\" height=\"427\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/110216_KING-1.jpg 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/02\/110216_KING-1-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-91615\" class=\"wp-caption-text\">FILE: Finance Secretary Carlos Dominguez III said the country&#8217;s finance officials are working with the Bank of China for the internal and external approval of the yuan-denominated Panda bond, a debt paper issued in China&#8217;s capital market by a non-Chinese issuer. The Philippines could issue the debt paper in the latter part of this year.(Photo: KING RODRIGUEZ\/ Presidential Photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong> \u2014 The Philippines will remain active in the global capital markets and is eyeing not just a Panda bond issuance but also a Samurai bond issuance.<\/p>\n<p>Finance Secretary Carlos Dominguez III said the country&#8217;s finance officials are working with the Bank of China for the internal and external approval of the yuan-denominated Panda bond, a debt paper issued in China&#8217;s capital market by a non-Chinese issuer. The Philippines could issue the debt paper in the latter part of this year.<\/p>\n<p>Samurai bond, on the other hand, is a yen-denominated debt instrument issued in Tokyo by a non-Japanese issuer.<\/p>\n<p>The Philippine government has an PHP889.7 billion gross financing program for 2018. Domestic borrowing was set at PHP711.78 billion while foreign borrowing was set at PHP177.94 billion.<\/p>\n<p>&#8220;Our plan of borrowing 80 percent from the domestic market and 20 percent in foreign currencies remains unchanged,&#8221; Dominguez said.<\/p>\n<p>&#8220;We will therefore remain active in the foreign markets,&#8221; he added.<\/p>\n<p>The government has set a deficit ceiling of three percent to accommodate higher spending, particularly on its infrastructure program called &#8220;Build, Build, Build&#8221; with an infrastructure financing budget amounting to between PHP8-9 trillion until 2022.\u00a0(<strong>PNA<\/strong>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2014 The Philippines will remain active in the global capital markets and is eyeing not just a Panda bond &hellip;<\/p>\n","protected":false},"author":33,"featured_media":91615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[11505,25348,343],"class_list":["post-120313","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-dominguez","tag-global-capital-markets","tag-philippines","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/120313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=120313"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/120313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/91615"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=120313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=120313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=120313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}