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[ArticleID] => 189084
[Title] => NDC bond float oversubscribed
[Summary] => The National Development Co. (NDC) is now planning the third tranche in a P5-billion bond flotation after it successfully raised P2 billion yesterday in the second in a series of bond offerings.
Trade and Industry Secretary Manuel Roxas II said yesterday that there was a strong interest in the flotation resulting in oversubscription.
Total tenders for the NDC bonds amounted to P12 billion, six times as much as the total offering of only P2 billion.
[DatePublished] => 2002-12-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
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LAND ACQUISITION PROGRAM
Array
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[0] => Array
(
[ArticleID] => 189084
[Title] => NDC bond float oversubscribed
[Summary] => The National Development Co. (NDC) is now planning the third tranche in a P5-billion bond flotation after it successfully raised P2 billion yesterday in the second in a series of bond offerings.
Trade and Industry Secretary Manuel Roxas II said yesterday that there was a strong interest in the flotation resulting in oversubscription.
Total tenders for the NDC bonds amounted to P12 billion, six times as much as the total offering of only P2 billion.
[DatePublished] => 2002-12-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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)
abtest
December 24, 2002 - 12:00am
Recommended
The Department of Education (DepEd) is finalizing plans to secure a permanent site and construct a modern campus for the Manuel Luis Quezon High School-Manila, relocating the school from the second floor of a wet market.
4 days ago
The budget for public schools has doubled in five years, from P30 The budget for public schools has doubled in five years, from P30 billion in 2022 to P61.02 billion in the proposed 2027 budget, the Department of Education said yesterday.billion in 2022 to P61.02 billion in the proposed 2027 budget, the Department of Education said yesterday.
5 days ago
MANILA, Philippines — The Department of Education (DepEd) has partnered with 38 local government units (LGUs) for the construction of three-story school buildings.
Financial aid will come from the Philippine Amusement and Gaming Corp. (Pagcor).
Education Secretary Sonny Angara said the private sector would assist in the program to modernize school infrastructure.
With 12 classrooms each, the buildings will be constructed in targeted communities nationwide.
Funds for the program will be released in three tranches, contingent on technical compliance and progress monitoring.
Procurement and construction will be supervised by LGUs.
Upon completion by the end of 2027, the DepEd will assume full ownership, administrative management and maintenance of the facilities.
This is the second ceremonial signing under the partnership, following the first signing in March, with 21 LGUs to construct 252 classrooms.
Angara witnessed yesterday’s ceremony with local chief executives and Pagcor chairman and CEO Alejandro Tengco.
“One of the biggest challenges that we face in DepEd is the shortage of classrooms,” Angara said. “We continue to experience this not only because our school buildings are getting older, but yearly we are also being challenged by different calamities.”
5 days ago
Lotto Sep 29, 2026
EZ2/LVM - 30 7
SUERTRES - 3 5 5
6D Lotto - 9 0 1 2 5 0
6/42 Lotto - 2 23 31 32 15 13
P66,369,399.00
6/49 Super Lotto - 27 16 41 2 39 20
P27,787,157.00
6/58 Ultra Lotto - 12 20 31 55 38 18
P344,755,600.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66







