Philippines’ SM Investments lists P15B bonds
Published on: Sunday 20 February 2022
The bond offering was 3.7 times oversubscribed. SM Investments Corporation listed P15b worth fixed rate bonds at the Philippine Dealing and Exchange Corp., which was oversubscribed my 3.7 times. “The hefty investor appetite for these securities was on the back of volatility around local interest rate sentiment with expectations of the US Federal Reserve hiking rates,” SM Investments President and Chief Executive Officer Frederic C. DyBuncio...
News source: https://www.msn.com/en-xl/news/other/philippines-sm-investments-lists-p15b-bonds/ar-AAU6SUN