• Philippine Dealing & Exchange targets bond listings this year to reach 300b pesos to 450b pesos, unlikely matching the record-high volume in 2022, President Antonino Nakpil tells reporters in Manila.
  • PDEx new listings at 508b pesos at end-2022, a new annual record-high, with fewer issuers but all opting for jumbo issues
  • Banks taking tactical approach in borrowing, preferring shorter tenors vs 5, 7, 10-year tenors by corporate issuers