Bloomberg News

Philippines Names 10 Banks to Help Sell Retail Bonds: Mendiola

October 03, 2011

Oct. 3 (Bloomberg) -- The Philippines named 10 banks to help sell bonds targeted at individual investors, Deputy Treasurer Eduardo Mendiola said by phone today.

The list include BPI Capital Corp, First Metro Investment Corp, BDO Capital Corp., Metropolitan Bank & Trust Co and Land Bank of the Philippines. Also to help arrange the sale are Development Bank of the Philippines, Rizal Commercial Banking Corp., Philippine National Bank, China Banking Corp and Deutsche Bank AG.

Mendiola said the Bureau of the Treasury will meet with the arrangers tomorrow to discuss the details of the offering.

To contact the reporter on this story: Cecilia Yap in Manila at cyap19@bloomberg.net

To contact the editor responsible for this story: Ovais Subhani at osubhani@bloomberg.net


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