Tag: bonds

DOF announces launching of 28th tranche of retail treasury bonds, the first offering under Marcos gov’t

Diokno says minimum offering for bonds is P5,000 allowing small investors to contribute to PHL dev’t   (Eagle News) – The Philippine government’s Bureau of Treasury has launched the 28th tranche of its retail treasury bonds that “allow investors to contribute to nation-building while growing their hard-earned savings with better returns.” The Department of Finance said that this is the first offering under the administration of President Ferdinand Marcos Jr. “This issuance serves as an […]

Germany’s first ‘green’ bonds attract strong demand

FRANKFURT AM MAIN, Germany (AFP) — Germany on Wednesday launched its first “green” bond offering to finance environmental initiatives as it pivots towards a sustainable economy, and could become a benchmark issuer in the booming field. The government raised 6.5 billion euros ($7.7 billion), in the offering for the 10-year 0% bond, with investors placing orders of more than 33 billion euros, according to German finance agency. Even at this early stage, “Germany is well on the way […]

ECB bond-buying scheme faces new lawsuit in Germany

FRANKFURT, Germany (AFP) – A group of German businessmen and academics are taking the European Central Bank to court over its controversial bond-buying programme, their lawyer said on Tuesday. A complaint against the ECB’s corporate sector purchase programme was filed at Germany’s highest court, the Constitutional Court, on May 12, a court spokesman told AFP. The business leaders argued that the central bank was “going beyond its mandate” in purchasing corporate bonds as part of its […]