Philippine companies to manage debt risk with swaps


A man carries a sack of rice over his head in Manila on November 19, 2024. (Photo by JAM STA ROSA / AFP)

Manila: Top Philippine firms are looking to manage their debt payments by using the new peso interest-rate swap facility, a move that may bolster the nation’s push to deepen its capital market.

But the companies said they would like to first see the market gain traction, with sizeable volumes and a well-established yield curve, and produce pricing benchmarks that reflect market conditions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philippines , debt , swap

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks
SC appoints Manoj Kurup as executive director for enforcement

Others Also Read