Investment banks and industry leaders collaborate
to advance the Philippine bond market

Investment banks and industry leaders collaborate
to advance the Philippine bond market

In left photo (from L-R) are: BDO Capital & Investment Corporation president Eduardo V. Francisco, BPI Capital Corporation director and head of Debt Products Reinier A. Llige, Deputy Treasurer of the Philippines Atty. Erwin D. Sta. Ana and First Metro Investment Corporation president Jose Patricio A. Dumlao.

In right photo (from L-R) are: Alpha Southeast Asia CEO & Publisher Siddiq Bazarwala, Government Service Insurance System head of Research Aaron Samuel C. Chan, BDO Unibank, Inc. VP and fixed income fund manager J. Samson L. Clemente, Jr., BPI Wealth head of Investment Solutions Gladys Buenaventura, Metrobank Trust deputy head of Investment Management Division and FMAP president Ma. Cristina B. Gabaldon, Credit Guarantee and Investment Facility senior investment specialist Jerome Ferreria and First Metro president Jose Patricio A. Dumlao.

In left photo (from L-R) are: BDO Capital & Investment Corporation president Eduardo V. Francisco, BPI Capital Corporation director and head of Debt Products Reinier A. Llige, Deputy Treasurer of the Philippines Atty. Erwin D. Sta. Ana and First Metro Investment Corporation president Jose Patricio A. Dumlao.

In right photo (from L-R) are: Alpha Southeast Asia CEO & Publisher Siddiq Bazarwala, Government Service Insurance System head of Research Aaron Samuel C. Chan, BDO Unibank, Inc. VP and fixed income fund manager J. Samson L. Clemente, Jr., BPI Wealth head of Investment Solutions Gladys Buenaventura, Metrobank Trust deputy head of Investment Management Division and FMAP president Ma. Cristina B. Gabaldon, Credit Guarantee and Investment Facility senior investment specialist Jerome Ferreria and First Metro president Jose Patricio A. Dumlao.

In a remarkable display of commitment to strengthening the local capital markets, the three largest investment banks in the country, First Metro Investment Corporation, BDO Capital Corporation and BPI Capital Corporation, teamed up to drive progress at the 2023 Philippines Bond Market Conference.

This landmark event, coined “Advancing the Philippine Bond Market”, brought together a diverse group of industry stakeholders, including corporates, key fixed income investors, policymakers, rating agencies, and legal experts to engage in a meaningful discussion surrounding a myriad of opportunities and challenges in the local bond market.

The program featured two compelling keynote speeches, delivered by Atty. Kelvin Lester K. Lee, Commissioner of the Securities and Exchange Commission, and Atty. Erwin D. Sta. Ana, Deputy Treasurer of the Philippines, Bureau of the Treasury.

With the primary goal of advancing the growth of the local bond market, the conference agenda included  three dynamic panel sessions composed of 15 industry experts and key market participants.

The discussions delved into critical issues, including the perspective of local corporates on the Philippine peso bond market compared to the international bond market, with a focus on avenues for change. The buy-side institutional investors shared insights on the Philippine peso debt paper and discussed methods to increase the diversity of issuers and products. The forum also explored long-term infrastructure financing and the growing potential for green financing and sustainability-led bond issues in the Philippines.

Legal infrastructure reforms necessary for the bond market were examined from the viewpoints of issuers and investors, as well as the role and relevance of credit ratings in the Philippines and their impact on investor appetite, especially for bonds that are not AAA-rated.

In addition, the conference drew valuable insights from advanced bond markets in the region to identify key success factors that can significantly advance the Philippine bond market.

First Metro president Jose Patricio Dumlao said, “This conference demonstrates our collective dedication to advancing the Philippine capital markets. We believe that this initiative represents a significant step towards reshaping the local bond market. The insights and strategies emerging from these discussions are poised to play a pivotal role in guiding the industry towards a more dynamic, diversified and sustainable future.”

In a remarkable display of commitment to strengthening the local capital markets, the three largest investment banks in the country, First Metro Investment Corporation, BDO Capital Corporation and BPI Capital Corporation, teamed up to drive progress at the 2023 Philippines Bond Market Conference.

This landmark event, coined “Advancing the Philippine Bond Market”, brought together a diverse group of industry stakeholders, including corporates, key fixed income investors, policymakers, rating agencies, and legal experts to engage in a meaningful discussion surrounding a myriad of opportunities and challenges in the local bond market.

The program featured two compelling keynote speeches, delivered by Atty. Kelvin Lester K. Lee, Commissioner of the Securities and Exchange Commission, and Atty. Erwin D. Sta. Ana, Deputy Treasurer of the Philippines, Bureau of the Treasury.

With the primary goal of advancing the growth of the local bond market, the conference agenda included  three dynamic panel sessions composed of 15 industry experts and key market participants.

The discussions delved into critical issues, including the perspective of local corporates on the Philippine peso bond market compared to the international bond market, with a focus on avenues for change. The buy-side institutional investors shared insights on the Philippine peso debt paper and discussed methods to increase the diversity of issuers and products. The forum also explored long-term infrastructure financing and the growing potential for green financing and sustainability-led bond issues in the Philippines.

Legal infrastructure reforms necessary for the bond market were examined from the viewpoints of issuers and investors, as well as the role and relevance of credit ratings in the Philippines and their impact on investor appetite, especially for bonds that are not AAA-rated.

In addition, the conference drew valuable insights from advanced bond markets in the region to identify key success factors that can significantly advance the Philippine bond market.

First Metro president Jose Patricio Dumlao said, “This conference demonstrates our collective dedication to advancing the Philippine capital markets. We believe that this initiative represents a significant step towards reshaping the local bond market. The insights and strategies emerging from these discussions are poised to play a pivotal role in guiding the industry towards a more dynamic, diversified and sustainable future.”

RECENT DEALS

RECENT DEALS

AROUND THE METRO

AROUND THE METRO

First Metro Inspires Cares: Brigada Eskwela 2023

First Metro Inspires Cares: Brigada Eskwela 2023

In photo are First Metro Group officers and staff together with JZES faculty and personnel, and volunteers from the Philippine Air Force.

In photo are First Metro Group officers and staff together with JZES faculty and personnel, and volunteers from the Philippine Air Force.

The First Metro Group embarked on a transformative CSR mission through Brigada Eskwela, an annual event that brings together parents, teachers, students, local government units, and various stakeholders to prepare public schools for the opening of classes. The goal is to create a safe, clean, and conducive learning environment for students. The theme of this year’s Brigada Eskwela is “Bayanihan Para sa Matatag na Paaralan”.

Employee volunteers of the First Metro Group joined hands to provide a more nurturing learning environment for the students of Jacinto Zamora Elementary School (JZES) in Pandacan, Manila by repainting the classrooms and school canteen. The First Metro Group also donated cement for the construction of the school’s exit pathway, an additional cabinet to the school library, and buckets of paints and essential painting materials. A book donation drive was also organized to augment the library’s resources.

On top of all these, Andoy Beltran, head of Market Education and Business Development at FirstMetroSec, conducted a financial literacy seminar specifically designed for the teachers and parents of Jacinto Zamora Elementary School. The seminar’s primary goal was to provide them with essential financial knowledge and skills, empowering them to make informed decisions about their financial well-being.

The First Metro Group is deeply committed to giving back to various communities. Their active participation in this year’s Brigada Eskwela demonstrates not only their dedication to education but also serves as a shining example of the First Metro team’s collaborative spirit and strong sense of social responsibility. Through the vibrant transformation of the school premises, the Group hopes to inspire a passion for learning and foster an environment where young minds can thrive and grow.

The First Metro Group embarked on a transformative CSR mission through Brigada Eskwela, an annual event that brings together parents, teachers, students, local government units, and various stakeholders to prepare public schools for the opening of classes. The goal is to create a safe, clean, and conducive learning environment for students. The theme of this year’s Brigada Eskwela is “Bayanihan Para sa Matatag na Paaralan”.

Employee volunteers of the First Metro Group joined hands to provide a more nurturing learning environment for the students of Jacinto Zamora Elementary School (JZES) in Pandacan, Manila by repainting the classrooms and school canteen. The First Metro Group also donated cement for the construction of the school’s exit pathway, an additional cabinet to the school library, and buckets of paints and essential painting materials. A book donation drive was also organized to augment the library’s resources.

On top of all these, Andoy Beltran, head of Market Education and Business Development at FirstMetroSec, conducted a financial literacy seminar specifically designed for the teachers and parents of Jacinto Zamora Elementary School. The seminar’s primary goal was to provide them with essential financial knowledge and skills, empowering them to make informed decisions about their financial well-being.

The First Metro Group is deeply committed to giving back to various communities. Their active participation in this year’s Brigada Eskwela demonstrates not only their dedication to education but also serves as a shining example of the First Metro team’s collaborative spirit and strong sense of social responsibility. Through the vibrant transformation of the school premises, the Group hopes to inspire a passion for learning and foster an environment where young minds can thrive and grow.

CAPITAL NOTES is the official newsletter of First Metro Investment Corporation published quarterly.

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45th Floor, GT Tower International, Ayala Ave. cor. H.V. dela Costa St., Makati City
Tel: (02) 8858 7900
Email: corpcom@firstmetro.com.ph

We want to hear from you. Please let us know your comments or concerns.
Tel: (02) 8511 0795 | Mobile: (0998) 846 8599
Email: customercare@firstmetro.com.ph

You may also contact BSP Financial Consumer Protection Department.
Tel: (02) 8708 7087
Email: consumeraffairs@bsp.gov.ph

CAPITAL NOTES is the official newsletter of First Metro Investment Corporation published quarterly.

facebook      linkedin      youtube

45th Floor, GT Tower International, Ayala Ave. cor. H.V. dela Costa St., Makati City
Tel: (02) 8858 7900
Email: corpcom@firstmetro.com.ph

We want to hear from you. Please let us know your comments or concerns.
Tel: (02) 8511 0795 | Mobile: (0998) 846 8599
Email: customercare@firstmetro.com.ph

You may also contact BSP Financial Consumer Protection Department.
Tel: (02) 8708 7087
Email: consumeraffairs@bsp.gov.ph